Mandarin Hotel Balance Sheet Health
Financial Health criteria checks 5/6
Mandarin Hotel has a total shareholder equity of THB401.5M and total debt of THB193.4M, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are THB722.8M and THB321.3M respectively. Mandarin Hotel's EBIT is THB59.3M making its interest coverage ratio 4.9. It has cash and short-term investments of THB44.6M.
Key information
48.2%
Debt to equity ratio
฿193.40m
Debt
Interest coverage ratio | 4.9x |
Cash | ฿44.57m |
Equity | ฿401.52m |
Total liabilities | ฿321.30m |
Total assets | ฿722.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANRIN-R's short term assets (THB64.4M) exceed its short term liabilities (THB55.6M).
Long Term Liabilities: MANRIN-R's short term assets (THB64.4M) do not cover its long term liabilities (THB265.7M).
Debt to Equity History and Analysis
Debt Level: MANRIN-R's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: MANRIN-R's debt to equity ratio has reduced from 53.3% to 48.2% over the past 5 years.
Debt Coverage: MANRIN-R's debt is well covered by operating cash flow (45%).
Interest Coverage: MANRIN-R's interest payments on its debt are well covered by EBIT (4.9x coverage).