ZEN Corporation Group Balance Sheet Health
Financial Health criteria checks 5/6
ZEN Group has a total shareholder equity of THB1.5B and total debt of THB198.7M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are THB3.2B and THB1.8B respectively. ZEN Group's EBIT is THB253.9M making its interest coverage ratio 6. It has cash and short-term investments of THB280.1M.
Key information
13.4%
Debt to equity ratio
฿198.69m
Debt
Interest coverage ratio | 6x |
Cash | ฿280.08m |
Equity | ฿1.48b |
Total liabilities | ฿1.76b |
Total assets | ฿3.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEN's short term assets (THB819.9M) do not cover its short term liabilities (THB945.8M).
Long Term Liabilities: ZEN's short term assets (THB819.9M) exceed its long term liabilities (THB815.2M).
Debt to Equity History and Analysis
Debt Level: ZEN has more cash than its total debt.
Reducing Debt: ZEN's debt to equity ratio has reduced from 134.4% to 13.4% over the past 5 years.
Debt Coverage: ZEN's debt is well covered by operating cash flow (240.3%).
Interest Coverage: ZEN's interest payments on its debt are well covered by EBIT (6x coverage).