TTCL Balance Sheet Health
Financial Health criteria checks 3/6
TTCL has a total shareholder equity of THB3.3B and total debt of THB3.5B, which brings its debt-to-equity ratio to 107.3%. Its total assets and total liabilities are THB18.9B and THB15.6B respectively. TTCL's EBIT is THB370.2M making its interest coverage ratio 2.9. It has cash and short-term investments of THB2.5B.
Key information
107.3%
Debt to equity ratio
฿3.53b
Debt
Interest coverage ratio | 2.9x |
Cash | ฿2.49b |
Equity | ฿3.29b |
Total liabilities | ฿15.61b |
Total assets | ฿18.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTCL's short term assets (THB13.5B) do not cover its short term liabilities (THB14.5B).
Long Term Liabilities: TTCL's short term assets (THB13.5B) exceed its long term liabilities (THB1.1B).
Debt to Equity History and Analysis
Debt Level: TTCL's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: TTCL's debt to equity ratio has reduced from 284.7% to 107.3% over the past 5 years.
Debt Coverage: TTCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TTCL's interest payments on its debt are not well covered by EBIT (2.9x coverage).