TTCL Balance Sheet Health
Financial Health criteria checks 6/6
TTCL has a total shareholder equity of THB3.6B and total debt of THB3.1B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are THB17.4B and THB13.9B respectively. TTCL's EBIT is THB438.5M making its interest coverage ratio 4.6. It has cash and short-term investments of THB2.2B.
Key information
87.2%
Debt to equity ratio
฿3.11b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ฿2.21b |
| Equity | ฿3.56b |
| Total liabilities | ฿13.87b |
| Total assets | ฿17.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTCL-F's short term assets (THB12.6B) exceed its short term liabilities (THB12.0B).
Long Term Liabilities: TTCL-F's short term assets (THB12.6B) exceed its long term liabilities (THB1.8B).
Debt to Equity History and Analysis
Debt Level: TTCL-F's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: TTCL-F's debt to equity ratio has reduced from 184.9% to 87.2% over the past 5 years.
Debt Coverage: TTCL-F's debt is well covered by operating cash flow (40.8%).
Interest Coverage: TTCL-F's interest payments on its debt are well covered by EBIT (4.6x coverage).