Haad Thip Balance Sheet Health
Financial Health criteria checks 3/6
Haad Thip has a total shareholder equity of THB4.0B and total debt of THB732.3M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are THB6.9B and THB2.9B respectively. Haad Thip's EBIT is THB736.6M making its interest coverage ratio 40.8. It has cash and short-term investments of THB110.0M.
Key information
18.4%
Debt to equity ratio
฿732.26m
Debt
| Interest coverage ratio | 40.8x |
| Cash | ฿109.95m |
| Equity | ฿3.98b |
| Total liabilities | ฿2.93b |
| Total assets | ฿6.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTC-R's short term assets (THB1.2B) do not cover its short term liabilities (THB1.5B).
Long Term Liabilities: HTC-R's short term assets (THB1.2B) do not cover its long term liabilities (THB1.4B).
Debt to Equity History and Analysis
Debt Level: HTC-R's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: HTC-R's debt to equity ratio has increased from 17.9% to 18.4% over the past 5 years.
Debt Coverage: HTC-R's debt is well covered by operating cash flow (154.1%).
Interest Coverage: HTC-R's interest payments on its debt are well covered by EBIT (40.8x coverage).