Trinity Watthana Balance Sheet Health
Financial Health criteria checks 2/6
Trinity Watthana has a total shareholder equity of THB1.4B and total debt of THB3.2B, which brings its debt-to-equity ratio to 227.5%. Its total assets and total liabilities are THB5.1B and THB3.7B respectively.
Key information
227.5%
Debt to equity ratio
฿3.15b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿71.30m |
| Equity | ฿1.39b |
| Total liabilities | ฿3.73b |
| Total assets | ฿5.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNITY-R's short term assets (THB3.7B) exceed its short term liabilities (THB3.5B).
Long Term Liabilities: TNITY-R's short term assets (THB3.7B) exceed its long term liabilities (THB239.1M).
Debt to Equity History and Analysis
Debt Level: TNITY-R's net debt to equity ratio (222.4%) is considered high.
Reducing Debt: TNITY-R's debt to equity ratio has increased from 143.3% to 227.5% over the past 5 years.
Debt Coverage: TNITY-R's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: Insufficient data to determine if TNITY-R's interest payments on its debt are well covered by EBIT.