Finansia X Balance Sheet Health
Financial Health criteria checks 5/6
Finansia X has a total shareholder equity of THB2.4B and total debt of THB1.2B, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are THB5.8B and THB3.4B respectively. Finansia X's EBIT is THB222.6M making its interest coverage ratio 3.1. It has cash and short-term investments of THB546.3M.
Key information
49.6%
Debt to equity ratio
฿1.22b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ฿546.30m |
| Equity | ฿2.45b |
| Total liabilities | ฿3.37b |
| Total assets | ฿5.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSX's short term assets (THB4.4B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: FSX's short term assets (THB4.4B) exceed its long term liabilities (THB1.8B).
Debt to Equity History and Analysis
Debt Level: FSX's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FSX's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FSX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FSX has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 202.2% each year.