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 109.1%. Its total assets and total liabilities are THB3.8B and THB2.0B respectively. IFS Capital (Thailand)'s EBIT is THB251.9M making its interest coverage ratio 5.1. It has cash and short-term investments of THB353.3M.
Key information
109.1%
Debt to equity ratio
฿1.93b
Debt
Interest coverage ratio | 5.1x |
Cash | ฿353.27m |
Equity | ฿1.77b |
Total liabilities | ฿2.05b |
Total assets | ฿3.82b |
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 (THB2.0B).
Long Term Liabilities: IFS-R's short term assets (THB3.6B) exceed its long term liabilities (THB60.3M).
Debt to Equity History and Analysis
Debt Level: IFS-R's net debt to equity ratio (89.2%) is considered high.
Reducing Debt: IFS-R's debt to equity ratio has reduced from 204.7% to 109.1% over the past 5 years.
Debt Coverage: IFS-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IFS-R's interest payments on its debt are well covered by EBIT (5.1x coverage).