ZEN Corporation Group Balance Sheet Health
Financial Health criteria checks 3/6
ZEN Group has a total shareholder equity of THB1.4B and total debt of THB223.2M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are THB3.0B and THB1.6B respectively. ZEN Group's EBIT is THB180.5M making its interest coverage ratio 3.5. It has cash and short-term investments of THB114.6M.
Key information
15.9%
Debt to equity ratio
฿223.18m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ฿114.57m |
| Equity | ฿1.40b |
| Total liabilities | ฿1.64b |
| Total assets | ฿3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEN-R's short term assets (THB659.1M) do not cover its short term liabilities (THB848.2M).
Long Term Liabilities: ZEN-R's short term assets (THB659.1M) do not cover its long term liabilities (THB796.4M).
Debt to Equity History and Analysis
Debt Level: ZEN-R's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: ZEN-R's debt to equity ratio has increased from 0% to 15.9% over the past 5 years.
Debt Coverage: ZEN-R's debt is well covered by operating cash flow (242.8%).
Interest Coverage: ZEN-R's interest payments on its debt are well covered by EBIT (3.5x coverage).