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CP Axtra Balance Sheet Health
Financial Health criteria checks 3/6
CP Axtra has a total shareholder equity of THB290.8B and total debt of THB98.5B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are THB525.4B and THB234.6B respectively. CP Axtra's EBIT is THB16.5B making its interest coverage ratio 2.3. It has cash and short-term investments of THB19.5B.
Key information
33.9%
Debt to equity ratio
฿98.46b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ฿19.45b |
| Equity | ฿290.85b |
| Total liabilities | ฿234.56b |
| Total assets | ฿525.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPAXT-F's short term assets (THB63.2B) do not cover its short term liabilities (THB92.3B).
Long Term Liabilities: CPAXT-F's short term assets (THB63.2B) do not cover its long term liabilities (THB142.3B).
Debt to Equity History and Analysis
Debt Level: CPAXT-F's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: CPAXT-F's debt to equity ratio has reduced from 71.7% to 33.9% over the past 5 years.
Debt Coverage: CPAXT-F's debt is well covered by operating cash flow (32.3%).
Interest Coverage: CPAXT-F's interest payments on its debt are not well covered by EBIT (2.3x coverage).