IFS Capital (Thailand) Balance Sheet Health
Financial Health criteria checks 4/6
IFS Capital (Thailand) has a total shareholder equity of THB1.8B and total debt of THB1.9B, which brings its debt-to-equity ratio to 104.7%. Its total assets and total liabilities are THB3.8B and THB2.0B respectively. IFS Capital (Thailand)'s EBIT is THB255.0M making its interest coverage ratio 4.6. It has cash and short-term investments of THB569.4M.
Key information
104.7%
Debt to equity ratio
฿1.87b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ฿569.44m |
| Equity | ฿1.79b |
| Total liabilities | ฿1.98b |
| Total assets | ฿3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFS-R's short term assets (THB3.6B) exceed its short term liabilities (THB1.9B).
Long Term Liabilities: IFS-R's short term assets (THB3.6B) exceed its long term liabilities (THB112.0M).
Debt to Equity History and Analysis
Debt Level: IFS-R's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: IFS-R's debt to equity ratio has reduced from 160.1% to 104.7% over the past 5 years.
Debt Coverage: IFS-R's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: IFS-R's interest payments on its debt are well covered by EBIT (4.6x coverage).