Kaset Thai International Sugar Corporation Balance Sheet Health
Financial Health criteria checks 2/6
Kaset Thai International Sugar has a total shareholder equity of THB7.0B and total debt of THB9.7B, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are THB22.0B and THB15.0B respectively. Kaset Thai International Sugar's EBIT is THB415.2M making its interest coverage ratio 1.7. It has cash and short-term investments of THB192.8M.
Key information
138.3%
Debt to equity ratio
฿9.67b
Debt
Interest coverage ratio | 1.7x |
Cash | ฿192.78m |
Equity | ฿6.99b |
Total liabilities | ฿14.99b |
Total assets | ฿21.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTIS's short term assets (THB12.6B) do not cover its short term liabilities (THB12.9B).
Long Term Liabilities: KTIS's short term assets (THB12.6B) exceed its long term liabilities (THB2.1B).
Debt to Equity History and Analysis
Debt Level: KTIS's net debt to equity ratio (135.6%) is considered high.
Reducing Debt: KTIS's debt to equity ratio has reduced from 147.8% to 138.3% over the past 5 years.
Debt Coverage: KTIS's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: KTIS's interest payments on its debt are not well covered by EBIT (1.7x coverage).