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 THB3.1B, which brings its debt-to-equity ratio to 222.8%. Its total assets and total liabilities are THB5.1B and THB3.7B respectively.
Key information
222.8%
Debt to equity ratio
฿3.11b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿91.41m |
| Equity | ฿1.39b |
| Total liabilities | ฿3.71b |
| Total assets | ฿5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNITY's short term assets (THB3.7B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: TNITY's short term assets (THB3.7B) exceed its long term liabilities (THB525.0M).
Debt to Equity History and Analysis
Debt Level: TNITY's net debt to equity ratio (216.2%) is considered high.
Reducing Debt: TNITY's debt to equity ratio has increased from 151% to 222.8% over the past 5 years.
Debt Coverage: TNITY's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if TNITY's interest payments on its debt are well covered by EBIT.