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 THB3.6B, which brings its debt-to-equity ratio to 261%. Its total assets and total liabilities are THB5.5B and THB4.1B respectively.
Key information
261.0%
Debt to equity ratio
฿3.62b
Debt
Interest coverage ratio | n/a |
Cash | ฿458.15m |
Equity | ฿1.39b |
Total liabilities | ฿4.12b |
Total assets | ฿5.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNITY's short term assets (THB4.6B) exceed its short term liabilities (THB3.5B).
Long Term Liabilities: TNITY's short term assets (THB4.6B) exceed its long term liabilities (THB588.6M).
Debt to Equity History and Analysis
Debt Level: TNITY's net debt to equity ratio (228%) is considered high.
Reducing Debt: TNITY's debt to equity ratio has increased from 134.1% to 261% over the past 5 years.
Debt Coverage: TNITY's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: Insufficient data to determine if TNITY's interest payments on its debt are well covered by EBIT.