Asset World Corp Balance Sheet Health
Financial Health criteria checks 1/6
Asset World Corp has a total shareholder equity of THB88.7B and total debt of THB71.2B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are THB179.3B and THB90.5B respectively. Asset World Corp's EBIT is THB3.7B making its interest coverage ratio 2. It has cash and short-term investments of THB396.5M.
Key information
80.3%
Debt to equity ratio
฿71.22b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿396.46m |
| Equity | ฿88.74b |
| Total liabilities | ฿90.54b |
| Total assets | ฿179.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWC-R's short term assets (THB1.9B) do not cover its short term liabilities (THB42.6B).
Long Term Liabilities: AWC-R's short term assets (THB1.9B) do not cover its long term liabilities (THB47.9B).
Debt to Equity History and Analysis
Debt Level: AWC-R's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: AWC-R's debt to equity ratio has reduced from 246.9% to 80.3% over the past 5 years.
Debt Coverage: AWC-R's debt is not well covered by operating cash flow (8%).
Interest Coverage: AWC-R's interest payments on its debt are not well covered by EBIT (2x coverage).