Turnkey Communication Services Balance Sheet Health
Financial Health criteria checks 5/6
Turnkey Communication Services has a total shareholder equity of THB4.1B and total debt of THB703.7M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are THB5.5B and THB1.4B respectively. Turnkey Communication Services's EBIT is THB205.0M making its interest coverage ratio 10.5. It has cash and short-term investments of THB386.2M.
Key information
17.2%
Debt to equity ratio
฿703.68m
Debt
| Interest coverage ratio | 10.5x |
| Cash | ฿386.22m |
| Equity | ฿4.08b |
| Total liabilities | ฿1.44b |
| Total assets | ฿5.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKC's short term assets (THB2.6B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: TKC's short term assets (THB2.6B) exceed its long term liabilities (THB179.6M).
Debt to Equity History and Analysis
Debt Level: TKC's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: TKC's debt to equity ratio has reduced from 86.8% to 17.2% over the past 5 years.
Debt Coverage: TKC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TKC's interest payments on its debt are well covered by EBIT (10.5x coverage).