Thitikorn Balance Sheet Health
Financial Health criteria checks 5/6
Thitikorn has a total shareholder equity of THB5.6B and total debt of THB364.5M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are THB6.3B and THB722.4M respectively.
Key information
6.5%
Debt to equity ratio
฿364.46m
Debt
Interest coverage ratio | n/a |
Cash | ฿1.55b |
Equity | ฿5.62b |
Total liabilities | ฿722.36m |
Total assets | ฿6.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TK's short term assets (THB5.8B) exceed its short term liabilities (THB564.4M).
Long Term Liabilities: TK's short term assets (THB5.8B) exceed its long term liabilities (THB158.0M).
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 101.4% to 6.5% over the past 5 years.
Debt Coverage: TK's debt is well covered by operating cash flow (210.5%).
Interest Coverage: Insufficient data to determine if TK's interest payments on its debt are well covered by EBIT.