Chayo Group Balance Sheet Health
Financial Health criteria checks 1/6
Chayo Group has a total shareholder equity of THB4.5B and total debt of THB4.8B, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are THB9.8B and THB5.3B respectively. Chayo Group's EBIT is THB849.4M making its interest coverage ratio 2.8. It has cash and short-term investments of THB608.3M.
Key information
106.8%
Debt to equity ratio
฿4.81b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ฿608.34m |
| Equity | ฿4.51b |
| Total liabilities | ฿5.26b |
| Total assets | ฿9.77b |
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 (THB608.2M).
Long Term Liabilities: CHAYO's short term assets (THB1.9B) do not cover its long term liabilities (THB4.7B).
Debt to Equity History and Analysis
Debt Level: CHAYO's net debt to equity ratio (93.3%) is considered high.
Reducing Debt: CHAYO's debt to equity ratio has increased from 33.4% to 106.8% 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 not well covered by EBIT (2.8x coverage).