Asian Insulators Balance Sheet Health
Financial Health criteria checks 6/6
Asian Insulators has a total shareholder equity of THB3.2B and total debt of THB50.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are THB3.9B and THB632.4M respectively. Asian Insulators's EBIT is THB401.3M making its interest coverage ratio -4956.8. It has cash and short-term investments of THB837.1M.
Key information
1.6%
Debt to equity ratio
฿50.00m
Debt
| Interest coverage ratio | -4956.8x |
| Cash | ฿837.13m |
| Equity | ฿3.22b |
| Total liabilities | ฿632.36m |
| Total assets | ฿3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AI's short term assets (THB2.1B) exceed its short term liabilities (THB597.6M).
Long Term Liabilities: AI's short term assets (THB2.1B) exceed its long term liabilities (THB34.8M).
Debt to Equity History and Analysis
Debt Level: AI has more cash than its total debt.
Reducing Debt: AI's debt to equity ratio has reduced from 3.5% to 1.6% over the past 5 years.
Debt Coverage: AI's debt is well covered by operating cash flow (970.1%).
Interest Coverage: AI earns more interest than it pays, so coverage of interest payments is not a concern.