Central Plaza Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Central Plaza Hotel has a total shareholder equity of THB19.5B and total debt of THB14.7B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are THB53.2B and THB33.7B respectively. Central Plaza Hotel's EBIT is THB1.9B making its interest coverage ratio 3.6. It has cash and short-term investments of THB3.7B.
Key information
75.3%
Debt to equity ratio
฿14.72b
Debt
Interest coverage ratio | 3.6x |
Cash | ฿3.67b |
Equity | ฿19.55b |
Total liabilities | ฿33.67b |
Total assets | ฿53.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENTEL-F's short term assets (THB6.2B) do not cover its short term liabilities (THB9.8B).
Long Term Liabilities: CENTEL-F's short term assets (THB6.2B) do not cover its long term liabilities (THB23.9B).
Debt to Equity History and Analysis
Debt Level: CENTEL-F's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: CENTEL-F's debt to equity ratio has increased from 52.9% to 75.3% over the past 5 years.
Debt Coverage: CENTEL-F's debt is well covered by operating cash flow (33.5%).
Interest Coverage: CENTEL-F's interest payments on its debt are well covered by EBIT (3.6x coverage).