Itthirit Nice Corporation Balance Sheet Health

Financial Health criteria checks 5/6

Itthirit Nice has a total shareholder equity of THB365.0M and total debt of THB9.9M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are THB450.7M and THB85.7M respectively. Itthirit Nice's EBIT is THB30.8M making its interest coverage ratio 19.3. It has cash and short-term investments of THB165.0M.

Key information

2.7%

Debt to equity ratio

฿9.90m

Debt

Interest coverage ratio	19.3x
Cash	฿164.98m
Equity	฿365.03m
Total liabilities	฿85.72m
Total assets	฿450.75m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ITTHI-F's short term assets (THB384.2M) exceed its short term liabilities (THB38.8M).

Long Term Liabilities: ITTHI-F's short term assets (THB384.2M) exceed its long term liabilities (THB47.0M).

Debt to Equity History and Analysis

Debt Level: ITTHI-F has more cash than its total debt.

Reducing Debt: ITTHI-F's debt to equity ratio has increased from 0.6% to 2.7% over the past 5 years.

Debt Coverage: ITTHI-F's debt is well covered by operating cash flow (99.9%).

Interest Coverage: ITTHI-F's interest payments on its debt are well covered by EBIT (19.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 07:39
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Itthirit Nice Corporation Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution