Thai Wire Products Balance Sheet Health
Financial Health criteria checks 5/6
Thai Wire Products has a total shareholder equity of THB1.4B and total debt of THB9.6M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are THB1.8B and THB458.0M respectively.
Key information
0.7%
Debt to equity ratio
฿9.61m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿52.44m |
| Equity | ฿1.38b |
| Total liabilities | ฿457.98m |
| Total assets | ฿1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWP-R's short term assets (THB882.9M) exceed its short term liabilities (THB146.3M).
Long Term Liabilities: TWP-R's short term assets (THB882.9M) exceed its long term liabilities (THB311.7M).
Debt to Equity History and Analysis
Debt Level: TWP-R has more cash than its total debt.
Reducing Debt: TWP-R's debt to equity ratio has reduced from 5% to 0.7% over the past 5 years.
Debt Coverage: TWP-R's debt is well covered by operating cash flow (1671.2%).
Interest Coverage: Insufficient data to determine if TWP-R's interest payments on its debt are well covered by EBIT.