Thai Nondestructive Testing Balance Sheet Health
Financial Health criteria checks 0/6
Thai Nondestructive Testing has a total shareholder equity of THB89.0M and total debt of THB371.3M, which brings its debt-to-equity ratio to 417.4%. Its total assets and total liabilities are THB716.1M and THB627.1M respectively.
Key information
417.4%
Debt to equity ratio
฿371.32m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿1.50m |
| Equity | ฿88.97m |
| Total liabilities | ฿627.14m |
| Total assets | ฿716.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNDT's short term assets (THB160.5M) do not cover its short term liabilities (THB401.0M).
Long Term Liabilities: TNDT's short term assets (THB160.5M) do not cover its long term liabilities (THB226.2M).
Debt to Equity History and Analysis
Debt Level: TNDT's net debt to equity ratio (415.7%) is considered high.
Reducing Debt: TNDT's debt to equity ratio has increased from 88.4% to 417.4% over the past 5 years.
Debt Coverage: TNDT's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: Insufficient data to determine if TNDT's interest payments on its debt are well covered by EBIT.