Minor International Balance Sheet Health
Financial Health criteria checks 2/6
Minor International has a total shareholder equity of THB87.3B and total debt of THB103.7B, which brings its debt-to-equity ratio to 118.8%. Its total assets and total liabilities are THB359.2B and THB271.9B respectively. Minor International's EBIT is THB18.2B making its interest coverage ratio 1.6. It has cash and short-term investments of THB14.3B.
Key information
118.8%
Debt to equity ratio
฿103.69b
Debt
Interest coverage ratio | 1.6x |
Cash | ฿14.31b |
Equity | ฿87.29b |
Total liabilities | ฿271.90b |
Total assets | ฿359.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINT's short term assets (THB42.6B) do not cover its short term liabilities (THB66.4B).
Long Term Liabilities: MINT's short term assets (THB42.6B) do not cover its long term liabilities (THB205.5B).
Debt to Equity History and Analysis
Debt Level: MINT's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: MINT's debt to equity ratio has reduced from 154.1% to 118.8% over the past 5 years.
Debt Coverage: MINT's debt is well covered by operating cash flow (36.7%).
Interest Coverage: MINT's interest payments on its debt are not well covered by EBIT (1.6x coverage).