Malee Group Balance Sheet Health
Financial Health criteria checks 5/6
Malee Group has a total shareholder equity of THB2.4B and total debt of THB1.3B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are THB5.5B and THB3.1B respectively. Malee Group's EBIT is THB460.9M making its interest coverage ratio 5.4. It has cash and short-term investments of THB271.6M.
Key information
57.1%
Debt to equity ratio
฿1.35b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ฿271.62m |
| Equity | ฿2.36b |
| Total liabilities | ฿3.14b |
| Total assets | ฿5.50b |
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 (THB1.9B).
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 (45.6%) is considered high.
Reducing Debt: MALEE's debt to equity ratio has reduced from 196.4% to 57.1% over the past 5 years.
Debt Coverage: MALEE's debt is well covered by operating cash flow (45.8%).
Interest Coverage: MALEE's interest payments on its debt are well covered by EBIT (5.4x coverage).