Thai Enger Holding Balance Sheet Health
Financial Health criteria checks 4/6
Thai Enger Holding has a total shareholder equity of THB584.9M and total debt of THB70.3M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are THB953.7M and THB368.8M respectively. Thai Enger Holding's EBIT is THB16.7M making its interest coverage ratio 6.9. It has cash and short-term investments of THB14.4M.
Key information
12.0%
Debt to equity ratio
฿70.26m
Debt
Interest coverage ratio | 6.9x |
Cash | ฿14.43m |
Equity | ฿584.87m |
Total liabilities | ฿368.80m |
Total assets | ฿953.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIGER's short term assets (THB705.8M) exceed its short term liabilities (THB348.0M).
Long Term Liabilities: TIGER's short term assets (THB705.8M) exceed its long term liabilities (THB20.8M).
Debt to Equity History and Analysis
Debt Level: TIGER's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: TIGER's debt to equity ratio has increased from 0% to 12% over the past 5 years.
Debt Coverage: TIGER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TIGER's interest payments on its debt are well covered by EBIT (6.9x coverage).