Ichitan Group Balance Sheet Health
Financial Health criteria checks 6/6
Ichitan Group has a total shareholder equity of THB5.8B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB7.2B and THB1.4B respectively. Ichitan Group's EBIT is THB1.4B making its interest coverage ratio -234.8. It has cash and short-term investments of THB960.4M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -234.8x |
Cash | ฿960.43m |
Equity | ฿5.84b |
Total liabilities | ฿1.36b |
Total assets | ฿7.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICHI's short term assets (THB3.2B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: ICHI's short term assets (THB3.2B) exceed its long term liabilities (THB101.8M).
Debt to Equity History and Analysis
Debt Level: ICHI is debt free.
Reducing Debt: ICHI has no debt compared to 5 years ago when its debt to equity ratio was 24.6%.
Debt Coverage: ICHI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICHI has no debt, therefore coverage of interest payments is not a concern.