T.K.S. Technologies Balance Sheet Health
Financial Health criteria checks 5/6
T.K.S. Technologies has a total shareholder equity of THB3.5B and total debt of THB768.8M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are THB4.6B and THB1.2B respectively. T.K.S. Technologies's EBIT is THB268.4M making its interest coverage ratio -125.7. It has cash and short-term investments of THB173.0M.
Key information
22.3%
Debt to equity ratio
฿768.81m
Debt
| Interest coverage ratio | -125.7x |
| Cash | ฿172.99m |
| Equity | ฿3.45b |
| Total liabilities | ฿1.16b |
| Total assets | ฿4.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKS-R's short term assets (THB619.6M) do not cover its short term liabilities (THB989.6M).
Long Term Liabilities: TKS-R's short term assets (THB619.6M) exceed its long term liabilities (THB175.1M).
Debt to Equity History and Analysis
Debt Level: TKS-R's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: TKS-R's debt to equity ratio has reduced from 39.8% to 22.3% over the past 5 years.
Debt Coverage: TKS-R's debt is well covered by operating cash flow (46.1%).
Interest Coverage: TKS-R earns more interest than it pays, so coverage of interest payments is not a concern.