Chase Asia Balance Sheet Health
Financial Health criteria checks 3/6
Chase Asia has a total shareholder equity of THB3.5B and total debt of THB667.7M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are THB4.2B and THB727.2M respectively. Chase Asia's EBIT is THB161.3M making its interest coverage ratio 5.7. It has cash and short-term investments of THB95.9M.
Key information
19.3%
Debt to equity ratio
฿667.74m
Debt
| Interest coverage ratio | 5.7x |
| Cash | ฿95.86m |
| Equity | ฿3.46b |
| Total liabilities | ฿727.24m |
| Total assets | ฿4.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHASE-R's short term assets (THB422.2M) exceed its short term liabilities (THB296.6M).
Long Term Liabilities: CHASE-R's short term assets (THB422.2M) do not cover its long term liabilities (THB430.6M).
Debt to Equity History and Analysis
Debt Level: CHASE-R's net debt to equity ratio (16.5%) 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 (5.7x coverage).