Kaset Thai International Sugar Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Kaset Thai International Sugar has a total shareholder equity of THB7.1B and total debt of THB3.1B, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are THB14.8B and THB7.8B respectively. Kaset Thai International Sugar's EBIT is THB1.2B making its interest coverage ratio 5.8. It has cash and short-term investments of THB429.3M.
Key information
44.5%
Debt to equity ratio
฿3.15b
Debt
Interest coverage ratio | 5.8x |
Cash | ฿429.26m |
Equity | ฿7.08b |
Total liabilities | ฿7.77b |
Total assets | ฿14.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTIS-R's short term assets (THB5.2B) do not cover its short term liabilities (THB5.7B).
Long Term Liabilities: KTIS-R's short term assets (THB5.2B) exceed its long term liabilities (THB2.1B).
Debt to Equity History and Analysis
Debt Level: KTIS-R's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: KTIS-R's debt to equity ratio has reduced from 74.8% to 44.5% over the past 5 years.
Debt Coverage: KTIS-R's debt is well covered by operating cash flow (80.7%).
Interest Coverage: KTIS-R's interest payments on its debt are well covered by EBIT (5.8x coverage).