Kaset Thai International Sugar Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Kaset Thai International Sugar has a total shareholder equity of THB7.1B and total debt of THB6.3B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are THB16.6B and THB9.5B respectively. Kaset Thai International Sugar's EBIT is THB371.3M making its interest coverage ratio 1.6. It has cash and short-term investments of THB102.9M.
Key information
87.8%
Debt to equity ratio
฿6.25b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ฿102.86m |
| Equity | ฿7.12b |
| Total liabilities | ฿9.50b |
| Total assets | ฿16.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTIS-R's short term assets (THB7.5B) exceed its short term liabilities (THB7.5B).
Long Term Liabilities: KTIS-R's short term assets (THB7.5B) exceed its long term liabilities (THB2.0B).
Debt to Equity History and Analysis
Debt Level: KTIS-R's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: KTIS-R's debt to equity ratio has reduced from 143% to 87.8% over the past 5 years.
Debt Coverage: KTIS-R's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: KTIS-R's interest payments on its debt are not well covered by EBIT (1.6x coverage).