Chayo Group Balance Sheet Health
Financial Health criteria checks 2/6
Chayo Group has a total shareholder equity of THB4.3B and total debt of THB4.7B, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are THB9.3B and THB5.0B respectively. Chayo Group's EBIT is THB811.3M making its interest coverage ratio 3.3. It has cash and short-term investments of THB631.2M.
Key information
108.4%
Debt to equity ratio
฿4.66b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ฿631.22m |
| Equity | ฿4.30b |
| Total liabilities | ฿5.04b |
| Total assets | ฿9.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHAYO's short term assets (THB1.9B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: CHAYO's short term assets (THB1.9B) do not cover its long term liabilities (THB3.7B).
Debt to Equity History and Analysis
Debt Level: CHAYO's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: CHAYO's debt to equity ratio has increased from 4.1% to 108.4% over the past 5 years.
Debt Coverage: CHAYO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHAYO's interest payments on its debt are well covered by EBIT (3.3x coverage).