Malee Group Balance Sheet Health
Financial Health criteria checks 5/6
Malee Group has a total shareholder equity of THB2.2B and total debt of THB1.5B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are THB5.6B and THB3.3B respectively. Malee Group's EBIT is THB307.4M making its interest coverage ratio 3.7. It has cash and short-term investments of THB251.8M.
Key information
67.3%
Debt to equity ratio
฿1.51b
Debt
Interest coverage ratio | 3.7x |
Cash | ฿251.80m |
Equity | ฿2.25b |
Total liabilities | ฿3.34b |
Total assets | ฿5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MALEE's short term assets (THB2.4B) exceed its short term liabilities (THB2.1B).
Long Term Liabilities: MALEE's short term assets (THB2.4B) exceed its long term liabilities (THB1.2B).
Debt to Equity History and Analysis
Debt Level: MALEE's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: MALEE's debt to equity ratio has reduced from 185.4% to 67.3% over the past 5 years.
Debt Coverage: MALEE's debt is well covered by operating cash flow (23.9%).
Interest Coverage: MALEE's interest payments on its debt are well covered by EBIT (3.7x coverage).