Asset World Corp Balance Sheet Health
Financial Health criteria checks 1/6
Asset World Corp has a total shareholder equity of THB87.5B and total debt of THB66.4B, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are THB172.4B and THB85.0B respectively. Asset World Corp's EBIT is THB3.1B making its interest coverage ratio 1.8. It has cash and short-term investments of THB509.2M.
Key information
75.9%
Debt to equity ratio
฿66.37b
Debt
Interest coverage ratio | 1.8x |
Cash | ฿509.17m |
Equity | ฿87.48b |
Total liabilities | ฿84.96b |
Total assets | ฿172.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWC's short term assets (THB1.7B) do not cover its short term liabilities (THB18.4B).
Long Term Liabilities: AWC's short term assets (THB1.7B) do not cover its long term liabilities (THB66.6B).
Debt to Equity History and Analysis
Debt Level: AWC's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: AWC's debt to equity ratio has reduced from 252.6% to 75.9% over the past 5 years.
Debt Coverage: AWC's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: AWC's interest payments on its debt are not well covered by EBIT (1.8x coverage).