Asset World Corp Balance Sheet Health
Financial Health criteria checks 1/6
Asset World Corp has a total shareholder equity of THB89.7B and total debt of THB72.3B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are THB181.8B and THB92.1B respectively. Asset World Corp's EBIT is THB3.8B making its interest coverage ratio 2. It has cash and short-term investments of THB297.5M.
Key information
80.7%
Debt to equity ratio
฿72.34b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿297.45m |
| Equity | ฿89.67b |
| Total liabilities | ฿92.15b |
| Total assets | ฿181.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWC-R's short term assets (THB1.7B) do not cover its short term liabilities (THB42.3B).
Long Term Liabilities: AWC-R's short term assets (THB1.7B) do not cover its long term liabilities (THB49.9B).
Debt to Equity History and Analysis
Debt Level: AWC-R's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: AWC-R's debt to equity ratio has reduced from 241.6% to 80.7% over the past 5 years.
Debt Coverage: AWC-R's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: AWC-R's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asset World Corp Public Company Limited is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Somkij Oranchatchawan | BNP Paribas Securities (Asia) |
| Charti Phrawphraikul | BofA Global Research |
| Narumon Ekasamut | Bualuang Securities PCL |