Maketowin Holding Balance Sheet Health
Financial Health criteria checks 3/6
Maketowin Holding has a total shareholder equity of THB274.4M and total debt of THB175.1M, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are THB516.1M and THB241.7M respectively. Maketowin Holding's EBIT is THB26.7M making its interest coverage ratio 13.8. It has cash and short-term investments of THB820.4K.
Key information
63.8%
Debt to equity ratio
฿175.06m
Debt
| Interest coverage ratio | 13.8x |
| Cash | ฿820.41k |
| Equity | ฿274.41m |
| Total liabilities | ฿241.67m |
| Total assets | ฿516.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTW-F's short term assets (THB222.0M) exceed its short term liabilities (THB180.2M).
Long Term Liabilities: MTW-F's short term assets (THB222.0M) exceed its long term liabilities (THB61.5M).
Debt to Equity History and Analysis
Debt Level: MTW-F's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: Insufficient data to determine if MTW-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MTW-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MTW-F's interest payments on its debt are well covered by EBIT (13.8x coverage).