Eureka Design Balance Sheet Health
Financial Health criteria checks 4/6
Eureka Design has a total shareholder equity of THB1.4B and total debt of THB253.9M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are THB1.8B and THB322.3M respectively. Eureka Design's EBIT is THB107.2M making its interest coverage ratio 2.5. It has cash and short-term investments of THB37.9M.
Key information
17.8%
Debt to equity ratio
฿253.87m
Debt
Interest coverage ratio | 2.5x |
Cash | ฿37.90m |
Equity | ฿1.43b |
Total liabilities | ฿322.32m |
Total assets | ฿1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UREKA-W2-R's short term assets (THB208.5M) exceed its short term liabilities (THB107.7M).
Long Term Liabilities: UREKA-W2-R's short term assets (THB208.5M) do not cover its long term liabilities (THB214.6M).
Debt to Equity History and Analysis
Debt Level: UREKA-W2-R's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: UREKA-W2-R's debt to equity ratio has reduced from 46.8% to 17.8% over the past 5 years.
Debt Coverage: UREKA-W2-R's debt is well covered by operating cash flow (42.2%).
Interest Coverage: UREKA-W2-R's interest payments on its debt are not well covered by EBIT (2.5x coverage).