Carabao Group Balance Sheet Health
Financial Health criteria checks 6/6
Carabao Group has a total shareholder equity of THB11.3B and total debt of THB5.3B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are THB19.5B and THB8.2B respectively. Carabao Group's EBIT is THB2.4B making its interest coverage ratio 13.3. It has cash and short-term investments of THB1.2B.
Key information
47.0%
Debt to equity ratio
฿5.32b
Debt
Interest coverage ratio | 13.3x |
Cash | ฿1.18b |
Equity | ฿11.31b |
Total liabilities | ฿8.23b |
Total assets | ฿19.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBG's short term assets (THB5.8B) exceed its short term liabilities (THB4.3B).
Long Term Liabilities: CBG's short term assets (THB5.8B) exceed its long term liabilities (THB3.9B).
Debt to Equity History and Analysis
Debt Level: CBG's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: CBG's debt to equity ratio has reduced from 64.4% to 47% over the past 5 years.
Debt Coverage: CBG's debt is well covered by operating cash flow (73.4%).
Interest Coverage: CBG's interest payments on its debt are well covered by EBIT (13.3x coverage).