Chase Asia Balance Sheet Health
Financial Health criteria checks 4/6
Chase Asia has a total shareholder equity of THB3.4B and total debt of THB697.3M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are THB4.2B and THB779.8M respectively. Chase Asia's EBIT is THB213.1M making its interest coverage ratio 12.7. It has cash and short-term investments of THB182.0M.
Key information
20.4%
Debt to equity ratio
฿697.31m
Debt
| Interest coverage ratio | 12.7x |
| Cash | ฿181.95m |
| Equity | ฿3.42b |
| Total liabilities | ฿779.76m |
| Total assets | ฿4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHASE-R's short term assets (THB501.2M) exceed its short term liabilities (THB396.0M).
Long Term Liabilities: CHASE-R's short term assets (THB501.2M) exceed its long term liabilities (THB383.7M).
Debt to Equity History and Analysis
Debt Level: CHASE-R's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CHASE-R's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CHASE-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHASE-R's interest payments on its debt are well covered by EBIT (12.7x coverage).