Make To Win Holding Balance Sheet Health
Financial Health criteria checks 3/6
Make To Win Holding has a total shareholder equity of THB632.9M and total debt of THB271.5M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are THB950.9M and THB317.9M respectively. Make To Win Holding's EBIT is THB85.9M making its interest coverage ratio 13.5. It has cash and short-term investments of THB836.0K.
Key information
42.9%
Debt to equity ratio
฿271.51m
Debt
| Interest coverage ratio | 13.5x |
| Cash | ฿835.99k |
| Equity | ฿632.94m |
| Total liabilities | ฿317.91m |
| Total assets | ฿950.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTW's short term assets (THB490.7M) exceed its short term liabilities (THB296.5M).
Long Term Liabilities: MTW's short term assets (THB490.7M) exceed its long term liabilities (THB21.4M).
Debt to Equity History and Analysis
Debt Level: MTW's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: MTW's debt to equity ratio has increased from 21.4% to 42.9% 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 well covered by EBIT (13.5x coverage).