TTCL Balance Sheet Health
Financial Health criteria checks 5/6
TTCL has a total shareholder equity of THB3.3B and total debt of THB3.7B, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are THB21.4B and THB18.1B respectively. TTCL's EBIT is THB209.6M making its interest coverage ratio 1.7. It has cash and short-term investments of THB2.6B.
Key information
112.1%
Debt to equity ratio
฿3.72b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ฿2.63b |
| Equity | ฿3.32b |
| Total liabilities | ฿18.10b |
| Total assets | ฿21.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTCL's short term assets (THB16.3B) exceed its short term liabilities (THB15.5B).
Long Term Liabilities: TTCL's short term assets (THB16.3B) exceed its long term liabilities (THB2.6B).
Debt to Equity History and Analysis
Debt Level: TTCL's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: TTCL's debt to equity ratio has reduced from 188.4% to 112.1% over the past 5 years.
Debt Coverage: TTCL's debt is well covered by operating cash flow (24.8%).
Interest Coverage: TTCL's interest payments on its debt are not well covered by EBIT (1.7x coverage).