Thitikorn Balance Sheet Health
Financial Health criteria checks 5/6
Thitikorn has a total shareholder equity of THB5.4B and total debt of THB225.4M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are THB5.9B and THB538.8M respectively.
Key information
4.2%
Debt to equity ratio
฿225.41m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿1.56b |
| Equity | ฿5.37b |
| Total liabilities | ฿538.78m |
| Total assets | ฿5.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TK's short term assets (THB5.3B) exceed its short term liabilities (THB453.5M).
Long Term Liabilities: TK's short term assets (THB5.3B) exceed its long term liabilities (THB85.3M).
Debt to Equity History and Analysis
Debt Level: TK has more cash than its total debt.
Reducing Debt: TK's debt to equity ratio has reduced from 72.8% to 4.2% over the past 5 years.
Debt Coverage: TK's debt is well covered by operating cash flow (861.3%).
Interest Coverage: Insufficient data to determine if TK's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:47 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thitikorn Public Company Limited is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sunanta Vasapinyokul | Finansia Syrus Securities Public Company Limited |
| Teerapol Udomvej | Krungsri Securities Public Company Limited |
| Woraphon Wiroonsri | Maybank Investment Bank Berhad |