TCM Corporation Balance Sheet Health
Financial Health criteria checks 1/6
TCM has a total shareholder equity of THB2.3B and total debt of THB3.2B, which brings its debt-to-equity ratio to 136.7%. Its total assets and total liabilities are THB7.4B and THB5.1B respectively.
Key information
136.7%
Debt to equity ratio
฿3.17b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿322.84m |
| Equity | ฿2.32b |
| Total liabilities | ฿5.06b |
| Total assets | ฿7.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCMC's short term assets (THB2.3B) exceed its short term liabilities (THB2.2B).
Long Term Liabilities: TCMC's short term assets (THB2.3B) do not cover its long term liabilities (THB2.8B).
Debt to Equity History and Analysis
Debt Level: TCMC's net debt to equity ratio (122.8%) is considered high.
Reducing Debt: TCMC's debt to equity ratio has increased from 128.6% to 136.7% over the past 5 years.
Debt Coverage: TCMC's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: Insufficient data to determine if TCMC's interest payments on its debt are well covered by EBIT.