Asia Green Energy Balance Sheet Health
Financial Health criteria checks 4/6
Asia Green Energy has a total shareholder equity of THB3.6B and total debt of THB4.4B, which brings its debt-to-equity ratio to 120.9%. Its total assets and total liabilities are THB9.0B and THB5.4B respectively. Asia Green Energy's EBIT is THB1.8B making its interest coverage ratio 8.9. It has cash and short-term investments of THB226.0M.
Key information
120.9%
Debt to equity ratio
฿4.40b
Debt
| Interest coverage ratio | 8.9x |
| Cash | ฿226.03m |
| Equity | ฿3.64b |
| Total liabilities | ฿5.38b |
| Total assets | ฿9.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGE-F's short term assets (THB6.4B) exceed its short term liabilities (THB3.6B).
Long Term Liabilities: AGE-F's short term assets (THB6.4B) exceed its long term liabilities (THB1.8B).
Debt to Equity History and Analysis
Debt Level: AGE-F's net debt to equity ratio (114.7%) is considered high.
Reducing Debt: AGE-F's debt to equity ratio has reduced from 149.3% to 120.9% over the past 5 years.
Debt Coverage: AGE-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGE-F's interest payments on its debt are well covered by EBIT (8.9x coverage).