Thai Ha Balance Sheet Health
Financial Health criteria checks 1/6
Thai Ha has a total shareholder equity of THB263.1M and total debt of THB307.1M, which brings its debt-to-equity ratio to 116.7%. Its total assets and total liabilities are THB658.4M and THB395.3M respectively.
Key information
116.7%
Debt to equity ratio
฿307.05m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿11.50m |
| Equity | ฿263.13m |
| Total liabilities | ฿395.29m |
| Total assets | ฿658.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KASET-R's short term assets (THB201.0M) do not cover its short term liabilities (THB349.8M).
Long Term Liabilities: KASET-R's short term assets (THB201.0M) exceed its long term liabilities (THB45.5M).
Debt to Equity History and Analysis
Debt Level: KASET-R's net debt to equity ratio (112.3%) is considered high.
Reducing Debt: KASET-R's debt to equity ratio has increased from 32% to 116.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KASET-R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KASET-R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.4% each year