Asia Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Asia Hotel has a total shareholder equity of THB6.1B and total debt of THB2.3B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are THB10.3B and THB4.3B respectively. Asia Hotel's EBIT is THB142.2M making its interest coverage ratio 1. It has cash and short-term investments of THB239.5M.
Key information
38.2%
Debt to equity ratio
฿2.32b
Debt
| Interest coverage ratio | 1x |
| Cash | ฿239.46m |
| Equity | ฿6.07b |
| Total liabilities | ฿4.26b |
| Total assets | ฿10.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIA's short term assets (THB399.2M) do not cover its short term liabilities (THB401.4M).
Long Term Liabilities: ASIA's short term assets (THB399.2M) do not cover its long term liabilities (THB3.9B).
Debt to Equity History and Analysis
Debt Level: ASIA's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: ASIA's debt to equity ratio has reduced from 44.1% to 38.2% over the past 5 years.
Debt Coverage: ASIA's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: ASIA's interest payments on its debt are not well covered by EBIT (1x coverage).