Make To Win Holding Balance Sheet Health
Financial Health criteria checks 2/6
Make To Win Holding has a total shareholder equity of THB623.2M and total debt of THB352.9M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are THB1.0B and THB382.2M respectively. Make To Win Holding's EBIT is THB18.3M making its interest coverage ratio 1.2. It has cash and short-term investments of THB1.8M.
Key information
56.6%
Debt to equity ratio
฿352.87m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ฿1.77m |
| Equity | ฿623.17m |
| Total liabilities | ฿382.17m |
| Total assets | ฿1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTW's short term assets (THB551.2M) exceed its short term liabilities (THB368.5M).
Long Term Liabilities: MTW's short term assets (THB551.2M) exceed its long term liabilities (THB13.7M).
Debt to Equity History and Analysis
Debt Level: MTW's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: MTW's debt to equity ratio has increased from 20% to 56.6% over the past 5 years.
Debt Coverage: MTW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MTW's interest payments on its debt are not well covered by EBIT (1.2x coverage).