Thanulux Balance Sheet Health
Financial Health criteria checks 4/6
Thanulux has a total shareholder equity of THB10.5B and total debt of THB2.1B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are THB13.4B and THB2.9B respectively. Thanulux's EBIT is THB526.0M making its interest coverage ratio 9.5. It has cash and short-term investments of THB1.3B.
Key information
20.5%
Debt to equity ratio
฿2.15b
Debt
Interest coverage ratio | 9.5x |
Cash | ฿1.28b |
Equity | ฿10.49b |
Total liabilities | ฿2.93b |
Total assets | ฿13.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNL's short term assets (THB7.1B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: TNL's short term assets (THB7.1B) exceed its long term liabilities (THB1.8B).
Debt to Equity History and Analysis
Debt Level: TNL's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: TNL's debt to equity ratio has increased from 0.08% to 20.5% over the past 5 years.
Debt Coverage: TNL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TNL's interest payments on its debt are well covered by EBIT (9.5x coverage).