Shangri-La Hotel Balance Sheet Health
Financial Health criteria checks 6/6
Shangri-La Hotel has a total shareholder equity of THB7.6B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB8.1B and THB460.1M respectively. Shangri-La Hotel's EBIT is THB441.0M making its interest coverage ratio -4.3. It has cash and short-term investments of THB3.7B.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -4.3x |
| Cash | ฿3.73b |
| Equity | ฿7.60b |
| Total liabilities | ฿460.11m |
| Total assets | ฿8.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHANG-R's short term assets (THB3.8B) exceed its short term liabilities (THB296.5M).
Long Term Liabilities: SHANG-R's short term assets (THB3.8B) exceed its long term liabilities (THB163.6M).
Debt to Equity History and Analysis
Debt Level: SHANG-R is debt free.
Reducing Debt: SHANG-R has not had any debt for past 5 years.
Debt Coverage: SHANG-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHANG-R has no debt, therefore coverage of interest payments is not a concern.