Thai Ha Balance Sheet Health
Financial Health criteria checks 1/6
Thai Ha has a total shareholder equity of THB310.4M and total debt of THB293.3M, which brings its debt-to-equity ratio to 94.5%. Its total assets and total liabilities are THB702.9M and THB392.4M respectively.
Key information
94.5%
Debt to equity ratio
฿293.30m
Debt
Interest coverage ratio | n/a |
Cash | ฿19.09m |
Equity | ฿310.45m |
Total liabilities | ฿392.41m |
Total assets | ฿702.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KASET's short term assets (THB231.3M) do not cover its short term liabilities (THB346.6M).
Long Term Liabilities: KASET's short term assets (THB231.3M) exceed its long term liabilities (THB45.8M).
Debt to Equity History and Analysis
Debt Level: KASET's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: KASET's debt to equity ratio has increased from 68.4% to 94.5% 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 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KASET has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.9% each year