CP Axtra Balance Sheet Health
Financial Health criteria checks 3/6
CP Axtra has a total shareholder equity of THB293.5B and total debt of THB96.2B, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are THB540.4B and THB246.9B respectively. CP Axtra's EBIT is THB16.7B making its interest coverage ratio 2.6. It has cash and short-term investments of THB31.7B.
Key information
32.8%
Debt to equity ratio
฿96.19b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ฿31.72b |
| Equity | ฿293.47b |
| Total liabilities | ฿246.90b |
| Total assets | ฿540.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPAXT's short term assets (THB76.7B) do not cover its short term liabilities (THB118.1B).
Long Term Liabilities: CPAXT's short term assets (THB76.7B) do not cover its long term liabilities (THB128.7B).
Debt to Equity History and Analysis
Debt Level: CPAXT's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: CPAXT's debt to equity ratio has reduced from 55% to 32.8% over the past 5 years.
Debt Coverage: CPAXT's debt is well covered by operating cash flow (36.2%).
Interest Coverage: CPAXT's interest payments on its debt are not well covered by EBIT (2.6x coverage).