Thanulux Balance Sheet Health
Financial Health criteria checks 4/6
Thanulux has a total shareholder equity of THB10.6B and total debt of THB2.1B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are THB13.4B and THB2.8B respectively. Thanulux's EBIT is THB510.8M making its interest coverage ratio 8.3. It has cash and short-term investments of THB1.0B.
Key information
20.2%
Debt to equity ratio
฿2.14b
Debt
Interest coverage ratio | 8.3x |
Cash | ฿1.04b |
Equity | ฿10.62b |
Total liabilities | ฿2.83b |
Total assets | ฿13.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNL-R's short term assets (THB7.0B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: TNL-R's short term assets (THB7.0B) exceed its long term liabilities (THB1.8B).
Debt to Equity History and Analysis
Debt Level: TNL-R's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: TNL-R's debt to equity ratio has increased from 0.03% to 20.2% over the past 5 years.
Debt Coverage: TNL-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TNL-R's interest payments on its debt are well covered by EBIT (8.3x coverage).