Carabao Group Balance Sheet Health
Financial Health criteria checks 6/6
Carabao Group has a total shareholder equity of THB12.2B and total debt of THB3.8B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are THB18.6B and THB6.4B respectively. Carabao Group's EBIT is THB3.4B making its interest coverage ratio 21. It has cash and short-term investments of THB1.3B.
Key information
30.9%
Debt to equity ratio
฿3.78b
Debt
| Interest coverage ratio | 21x |
| Cash | ฿1.25b |
| Equity | ฿12.25b |
| Total liabilities | ฿6.39b |
| Total assets | ฿18.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBG-R's short term assets (THB5.3B) exceed its short term liabilities (THB4.9B).
Long Term Liabilities: CBG-R's short term assets (THB5.3B) exceed its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: CBG-R's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: CBG-R's debt to equity ratio has reduced from 61.3% to 30.9% over the past 5 years.
Debt Coverage: CBG-R's debt is well covered by operating cash flow (115.4%).
Interest Coverage: CBG-R's interest payments on its debt are well covered by EBIT (21x coverage).