Asia Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Asia Hotel has a total shareholder equity of THB6.0B and total debt of THB2.2B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are THB10.1B and THB4.2B respectively. Asia Hotel's EBIT is THB138.1M making its interest coverage ratio 0.9. It has cash and short-term investments of THB122.8M.
Key information
37.0%
Debt to equity ratio
฿2.21b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ฿122.83m |
| Equity | ฿5.98b |
| Total liabilities | ฿4.16b |
| Total assets | ฿10.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIA's short term assets (THB273.8M) do not cover its short term liabilities (THB388.2M).
Long Term Liabilities: ASIA's short term assets (THB273.8M) do not cover its long term liabilities (THB3.8B).
Debt to Equity History and Analysis
Debt Level: ASIA's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: ASIA's debt to equity ratio has reduced from 43.6% to 37% over the past 5 years.
Debt Coverage: ASIA's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: ASIA's interest payments on its debt are not well covered by EBIT (0.9x coverage).