Max Metal Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Max Metal has a total shareholder equity of THB1.4B and total debt of THB141.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are THB1.8B and THB393.6M respectively.
Key information
9.9%
Debt to equity ratio
฿141.48m
Debt
Interest coverage ratio | n/a |
Cash | ฿4.80m |
Equity | ฿1.42b |
Total liabilities | ฿393.63m |
Total assets | ฿1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAX's short term assets (THB449.0M) exceed its short term liabilities (THB334.0M).
Long Term Liabilities: MAX's short term assets (THB449.0M) exceed its long term liabilities (THB59.6M).
Debt to Equity History and Analysis
Debt Level: MAX's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: MAX's debt to equity ratio has reduced from 11.9% to 9.9% 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: MAX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MAX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.8% each year