Turnkey Communication Services Balance Sheet Health
Financial Health criteria checks 5/6
Turnkey Communication Services has a total shareholder equity of THB3.9B and total debt of THB511.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are THB5.2B and THB1.3B respectively. Turnkey Communication Services's EBIT is THB304.5M making its interest coverage ratio -128.7. It has cash and short-term investments of THB136.8M.
Key information
13.0%
Debt to equity ratio
฿511.00m
Debt
Interest coverage ratio | -128.7x |
Cash | ฿136.82m |
Equity | ฿3.93b |
Total liabilities | ฿1.31b |
Total assets | ฿5.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKC's short term assets (THB2.5B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: TKC's short term assets (THB2.5B) exceed its long term liabilities (THB114.2M).
Debt to Equity History and Analysis
Debt Level: TKC's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: TKC's debt to equity ratio has reduced from 148.4% to 13% over the past 5 years.
Debt Coverage: TKC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TKC earns more interest than it pays, so coverage of interest payments is not a concern.