Modernform Group Balance Sheet Health
Financial Health criteria checks 5/6
Modernform Group has a total shareholder equity of THB2.2B and total debt of THB216.6M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are THB3.2B and THB994.4M respectively. Modernform Group's EBIT is THB88.2M making its interest coverage ratio -7.2. It has cash and short-term investments of THB636.1M.
Key information
10.0%
Debt to equity ratio
฿216.62m
Debt
| Interest coverage ratio | -7.2x |
| Cash | ฿636.14m |
| Equity | ฿2.18b |
| Total liabilities | ฿994.44m |
| Total assets | ฿3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MODERN-R's short term assets (THB2.1B) exceed its short term liabilities (THB790.3M).
Long Term Liabilities: MODERN-R's short term assets (THB2.1B) exceed its long term liabilities (THB204.2M).
Debt to Equity History and Analysis
Debt Level: MODERN-R has more cash than its total debt.
Reducing Debt: MODERN-R's debt to equity ratio has increased from 8.7% to 10% over the past 5 years.
Debt Coverage: MODERN-R's debt is well covered by operating cash flow (194.6%).
Interest Coverage: MODERN-R earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Modernform Group Public Company Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jitra Amornthum | Finansia Syrus Securities Public Company Limited |
| Nat Panassutrakorn | KGI Securities Co. Ltd. |
| Phornsri Laysanitsaerekul | KT Zmico Research |