Asian Sea Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Asian Sea has a total shareholder equity of THB7.9B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB9.1B and THB1.2B respectively. Asian Sea's EBIT is THB1.2B making its interest coverage ratio -52.7. It has cash and short-term investments of THB718.8M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -52.7x |
| Cash | ฿718.78m |
| Equity | ฿7.88b |
| Total liabilities | ฿1.18b |
| Total assets | ฿9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIAN-R's short term assets (THB5.1B) exceed its short term liabilities (THB904.6M).
Long Term Liabilities: ASIAN-R's short term assets (THB5.1B) exceed its long term liabilities (THB275.2M).
Debt to Equity History and Analysis
Debt Level: ASIAN-R is debt free.
Reducing Debt: ASIAN-R has no debt compared to 5 years ago when its debt to equity ratio was 85%.
Debt Coverage: ASIAN-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASIAN-R has no debt, therefore coverage of interest payments is not a concern.