Central Plaza Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Central Plaza Hotel has a total shareholder equity of THB19.9B and total debt of THB15.8B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are THB56.5B and THB36.6B respectively. Central Plaza Hotel's EBIT is THB2.7B making its interest coverage ratio 3.5. It has cash and short-term investments of THB2.3B.
Key information
79.5%
Debt to equity ratio
฿15.83b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ฿2.33b |
| Equity | ฿19.92b |
| Total liabilities | ฿36.62b |
| Total assets | ฿56.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENTEL's short term assets (THB4.7B) do not cover its short term liabilities (THB9.0B).
Long Term Liabilities: CENTEL's short term assets (THB4.7B) do not cover its long term liabilities (THB27.6B).
Debt to Equity History and Analysis
Debt Level: CENTEL's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: CENTEL's debt to equity ratio has increased from 52.6% to 79.5% over the past 5 years.
Debt Coverage: CENTEL's debt is well covered by operating cash flow (38.1%).
Interest Coverage: CENTEL's interest payments on its debt are well covered by EBIT (3.5x coverage).