Central Plaza Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Central Plaza Hotel has a total shareholder equity of THB20.0B and total debt of THB13.7B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are THB54.2B and THB34.2B respectively. Central Plaza Hotel's EBIT is THB2.4B making its interest coverage ratio 3.3. It has cash and short-term investments of THB2.9B.
Key information
68.6%
Debt to equity ratio
฿13.73b
Debt
Interest coverage ratio | 3.3x |
Cash | ฿2.85b |
Equity | ฿20.02b |
Total liabilities | ฿34.19b |
Total assets | ฿54.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENTEL's short term assets (THB5.7B) do not cover its short term liabilities (THB10.6B).
Long Term Liabilities: CENTEL's short term assets (THB5.7B) do not cover its long term liabilities (THB23.6B).
Debt to Equity History and Analysis
Debt Level: CENTEL's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: CENTEL's debt to equity ratio has increased from 52.7% to 68.6% over the past 5 years.
Debt Coverage: CENTEL's debt is well covered by operating cash flow (35.8%).
Interest Coverage: CENTEL's interest payments on its debt are well covered by EBIT (3.3x coverage).