Tirathai Balance Sheet Health
Financial Health criteria checks 3/6
Tirathai has a total shareholder equity of THB1.2B and total debt of THB1.7B, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are THB3.6B and THB2.4B respectively. Tirathai's EBIT is THB549.8M making its interest coverage ratio 6. It has cash and short-term investments of THB252.5M.
Key information
139.3%
Debt to equity ratio
฿1.67b
Debt
| Interest coverage ratio | 6x |
| Cash | ฿252.46m |
| Equity | ฿1.20b |
| Total liabilities | ฿2.36b |
| Total assets | ฿3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRT's short term assets (THB2.5B) exceed its short term liabilities (THB2.0B).
Long Term Liabilities: TRT's short term assets (THB2.5B) exceed its long term liabilities (THB339.8M).
Debt to Equity History and Analysis
Debt Level: TRT's net debt to equity ratio (118.2%) is considered high.
Reducing Debt: TRT's debt to equity ratio has increased from 137.3% to 139.3% over the past 5 years.
Debt Coverage: TRT's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: TRT's interest payments on its debt are well covered by EBIT (6x coverage).