Khon Kaen Sugar Industry Balance Sheet Health
Financial Health criteria checks 3/6
Khon Kaen Sugar Industry has a total shareholder equity of THB22.1B and total debt of THB17.0B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are THB45.9B and THB23.8B respectively. Khon Kaen Sugar Industry's EBIT is THB1.5B making its interest coverage ratio 3.5. It has cash and short-term investments of THB538.7M.
Key information
77.0%
Debt to equity ratio
฿17.02b
Debt
Interest coverage ratio | 3.5x |
Cash | ฿538.72m |
Equity | ฿22.10b |
Total liabilities | ฿23.78b |
Total assets | ฿45.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSL's short term assets (THB10.3B) do not cover its short term liabilities (THB15.1B).
Long Term Liabilities: KSL's short term assets (THB10.3B) exceed its long term liabilities (THB8.7B).
Debt to Equity History and Analysis
Debt Level: KSL's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: KSL's debt to equity ratio has reduced from 132.4% to 77% over the past 5 years.
Debt Coverage: KSL's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: KSL's interest payments on its debt are well covered by EBIT (3.5x coverage).