Kijcharoen Engineering Electric Balance Sheet Health
Financial Health criteria checks 3/6
Kijcharoen Engineering Electric has a total shareholder equity of THB225.4M and total debt of THB287.2M, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are THB786.4M and THB561.1M respectively. Kijcharoen Engineering Electric's EBIT is THB158.5M making its interest coverage ratio 19.3. It has cash and short-term investments of THB710.6K.
Key information
127.4%
Debt to equity ratio
฿287.19m
Debt
| Interest coverage ratio | 19.3x |
| Cash | ฿710.60k |
| Equity | ฿225.36m |
| Total liabilities | ฿561.06m |
| Total assets | ฿786.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KJL-F's short term assets (THB313.4M) do not cover its short term liabilities (THB410.8M).
Long Term Liabilities: KJL-F's short term assets (THB313.4M) exceed its long term liabilities (THB150.2M).
Debt to Equity History and Analysis
Debt Level: KJL-F's net debt to equity ratio (127.1%) is considered high.
Reducing Debt: Insufficient data to determine if KJL-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KJL-F's debt is well covered by operating cash flow (48.8%).
Interest Coverage: KJL-F's interest payments on its debt are well covered by EBIT (19.3x coverage).