Erawan Group Balance Sheet Health
Financial Health criteria checks 1/6
Erawan Group has a total shareholder equity of THB6.4B and total debt of THB10.8B, which brings its debt-to-equity ratio to 169.8%. Its total assets and total liabilities are THB23.7B and THB17.3B respectively. Erawan Group's EBIT is THB1.3B making its interest coverage ratio 2.2. It has cash and short-term investments of THB1.2B.
Key information
169.8%
Debt to equity ratio
฿10.82b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿1.22b |
| Equity | ฿6.37b |
| Total liabilities | ฿17.30b |
| Total assets | ฿23.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERW's short term assets (THB1.9B) do not cover its short term liabilities (THB3.1B).
Long Term Liabilities: ERW's short term assets (THB1.9B) do not cover its long term liabilities (THB14.2B).
Debt to Equity History and Analysis
Debt Level: ERW's net debt to equity ratio (150.7%) is considered high.
Reducing Debt: ERW's debt to equity ratio has increased from 168.2% to 169.8% over the past 5 years.
Debt Coverage: ERW's debt is well covered by operating cash flow (21.2%).
Interest Coverage: ERW's interest payments on its debt are not well covered by EBIT (2.2x coverage).