Central Plaza Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Central Plaza Hotel has a total shareholder equity of THB21.2B and total debt of THB13.0B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are THB54.5B and THB33.3B respectively. Central Plaza Hotel's EBIT is THB2.5B making its interest coverage ratio 3.2. It has cash and short-term investments of THB2.2B.
Key information
61.3%
Debt to equity ratio
฿12.98b
Debt
Interest coverage ratio | 3.2x |
Cash | ฿2.16b |
Equity | ฿21.17b |
Total liabilities | ฿33.29b |
Total assets | ฿54.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENTEL-R's short term assets (THB4.7B) do not cover its short term liabilities (THB9.4B).
Long Term Liabilities: CENTEL-R's short term assets (THB4.7B) do not cover its long term liabilities (THB23.9B).
Debt to Equity History and Analysis
Debt Level: CENTEL-R's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: CENTEL-R's debt to equity ratio has increased from 48.9% to 61.3% over the past 5 years.
Debt Coverage: CENTEL-R's debt is well covered by operating cash flow (40.6%).
Interest Coverage: CENTEL-R's interest payments on its debt are well covered by EBIT (3.2x coverage).