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 THB422.2M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are THB3.9B and THB495.8M respectively. Chase Asia's EBIT is THB181.4M making its interest coverage ratio 11.2. It has cash and short-term investments of THB135.3M.
Key information
12.5%
Debt to equity ratio
฿422.25m
Debt
| Interest coverage ratio | 11.2x |
| Cash | ฿135.30m |
| Equity | ฿3.38b |
| Total liabilities | ฿495.77m |
| Total assets | ฿3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHASE's short term assets (THB443.9M) exceed its short term liabilities (THB202.0M).
Long Term Liabilities: CHASE's short term assets (THB443.9M) exceed its long term liabilities (THB293.8M).
Debt to Equity History and Analysis
Debt Level: CHASE's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CHASE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CHASE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHASE's interest payments on its debt are well covered by EBIT (11.2x coverage).