Mandarin Hotel Balance Sheet Health
Financial Health criteria checks 3/6
Mandarin Hotel has a total shareholder equity of THB387.7M and total debt of THB246.0M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are THB759.0M and THB371.3M respectively. Mandarin Hotel's EBIT is THB46.0M making its interest coverage ratio 4.2. It has cash and short-term investments of THB75.6M.
Key information
63.4%
Debt to equity ratio
฿246.00m
Debt
Interest coverage ratio | 4.2x |
Cash | ฿75.58m |
Equity | ฿387.72m |
Total liabilities | ฿371.28m |
Total assets | ฿759.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANRIN's short term assets (THB89.2M) exceed its short term liabilities (THB75.1M).
Long Term Liabilities: MANRIN's short term assets (THB89.2M) do not cover its long term liabilities (THB296.1M).
Debt to Equity History and Analysis
Debt Level: MANRIN's net debt to equity ratio (44%) is considered high.
Reducing Debt: MANRIN's debt to equity ratio has increased from 61.6% to 63.4% over the past 5 years.
Debt Coverage: MANRIN's debt is well covered by operating cash flow (27.5%).
Interest Coverage: MANRIN's interest payments on its debt are well covered by EBIT (4.2x coverage).