Chin Huay Balance Sheet Health
Financial Health criteria checks 6/6
Chin Huay has a total shareholder equity of THB1.3B and total debt of THB350.3M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are THB2.0B and THB668.8M respectively. Chin Huay's EBIT is THB179.8M making its interest coverage ratio 18.2. It has cash and short-term investments of THB154.9M.
Key information
26.0%
Debt to equity ratio
฿350.28m
Debt
| Interest coverage ratio | 18.2x |
| Cash | ฿154.89m |
| Equity | ฿1.35b |
| Total liabilities | ฿668.76m |
| Total assets | ฿2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CH-R's short term assets (THB1.1B) exceed its short term liabilities (THB412.6M).
Long Term Liabilities: CH-R's short term assets (THB1.1B) exceed its long term liabilities (THB256.1M).
Debt to Equity History and Analysis
Debt Level: CH-R's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: CH-R's debt to equity ratio has reduced from 50.1% to 26% over the past 5 years.
Debt Coverage: CH-R's debt is well covered by operating cash flow (77.2%).
Interest Coverage: CH-R's interest payments on its debt are well covered by EBIT (18.2x coverage).