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 THB247.9M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are THB3.1B and THB1.7B respectively. ZEN Group's EBIT is THB165.0M making its interest coverage ratio 3. It has cash and short-term investments of THB228.8M.
Key information
17.3%
Debt to equity ratio
฿247.95m
Debt
| Interest coverage ratio | 3x |
| Cash | ฿228.75m |
| Equity | ฿1.43b |
| Total liabilities | ฿1.70b |
| Total assets | ฿3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEN's short term assets (THB742.9M) do not cover its short term liabilities (THB894.1M).
Long Term Liabilities: ZEN's short term assets (THB742.9M) do not cover its long term liabilities (THB809.6M).
Debt to Equity History and Analysis
Debt Level: ZEN's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: ZEN's debt to equity ratio has increased from 0% to 17.3% over the past 5 years.
Debt Coverage: ZEN's debt is well covered by operating cash flow (204.7%).
Interest Coverage: ZEN's interest payments on its debt are well covered by EBIT (3x coverage).