T.K.S. Technologies Balance Sheet Health
Financial Health criteria checks 4/6
T.K.S. Technologies has a total shareholder equity of THB4.0B and total debt of THB819.9M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are THB5.1B and THB1.1B respectively. T.K.S. Technologies's EBIT is THB144.4M making its interest coverage ratio -12.5. It has cash and short-term investments of THB151.8M.
Key information
20.7%
Debt to equity ratio
฿819.88m
Debt
Interest coverage ratio | -12.5x |
Cash | ฿151.78m |
Equity | ฿3.96b |
Total liabilities | ฿1.14b |
Total assets | ฿5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKS's short term assets (THB488.7M) do not cover its short term liabilities (THB858.4M).
Long Term Liabilities: TKS's short term assets (THB488.7M) exceed its long term liabilities (THB277.8M).
Debt to Equity History and Analysis
Debt Level: TKS's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: TKS's debt to equity ratio has reduced from 36.1% to 20.7% over the past 5 years.
Debt Coverage: TKS's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: TKS earns more interest than it pays, so coverage of interest payments is not a concern.