Chai Watana Tannery Group Balance Sheet Health
Financial Health criteria checks 1/6
Chai Watana Tannery Group has a total shareholder equity of THB1.7B and total debt of THB1.3B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are THB3.6B and THB1.9B respectively. Chai Watana Tannery Group's EBIT is THB27.8M making its interest coverage ratio 0.3. It has cash and short-term investments of THB104.3M.
Key information
76.3%
Debt to equity ratio
฿1.30b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ฿104.30m |
| Equity | ฿1.71b |
| Total liabilities | ฿1.91b |
| Total assets | ฿3.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWT-R's short term assets (THB792.4M) do not cover its short term liabilities (THB1.0B).
Long Term Liabilities: CWT-R's short term assets (THB792.4M) do not cover its long term liabilities (THB863.8M).
Debt to Equity History and Analysis
Debt Level: CWT-R's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: CWT-R's debt to equity ratio has reduced from 121.4% to 76.3% over the past 5 years.
Debt Coverage: CWT-R's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: CWT-R's interest payments on its debt are not well covered by EBIT (0.3x coverage).