Grande Asset Hotels and Property Balance Sheet Health
Financial Health criteria checks 2/6
Grande Asset Hotels and Property has a total shareholder equity of THB2.7B and total debt of THB8.3B, which brings its debt-to-equity ratio to 302.7%. Its total assets and total liabilities are THB18.4B and THB15.6B respectively.
Key information
302.7%
Debt to equity ratio
฿8.30b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿1.51b |
| Equity | ฿2.74b |
| Total liabilities | ฿15.64b |
| Total assets | ฿18.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRAND-R's short term assets (THB4.1B) do not cover its short term liabilities (THB7.7B).
Long Term Liabilities: GRAND-R's short term assets (THB4.1B) do not cover its long term liabilities (THB7.9B).
Debt to Equity History and Analysis
Debt Level: GRAND-R's net debt to equity ratio (247.7%) is considered high.
Reducing Debt: GRAND-R's debt to equity ratio has increased from 189.3% to 302.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GRAND-R has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GRAND-R has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 8.7% each year