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 THB178.5M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are THB1.8B and THB497.5M respectively. Chin Huay's EBIT is THB78.1M making its interest coverage ratio 6.9. It has cash and short-term investments of THB118.7M.
Key information
14.1%
Debt to equity ratio
฿178.45m
Debt
Interest coverage ratio | 6.9x |
Cash | ฿118.73m |
Equity | ฿1.26b |
Total liabilities | ฿497.50m |
Total assets | ฿1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CH's short term assets (THB843.9M) exceed its short term liabilities (THB244.7M).
Long Term Liabilities: CH's short term assets (THB843.9M) exceed its long term liabilities (THB252.8M).
Debt to Equity History and Analysis
Debt Level: CH's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: CH's debt to equity ratio has reduced from 41.9% to 14.1% over the past 5 years.
Debt Coverage: CH's debt is well covered by operating cash flow (109.3%).
Interest Coverage: CH's interest payments on its debt are well covered by EBIT (6.9x coverage).