TSTE Balance Sheet Health
Financial Health criteria checks 4/6
TSTE has a total shareholder equity of THB3.8B and total debt of THB1.3B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are THB5.7B and THB1.9B respectively. TSTE's EBIT is THB227.1M making its interest coverage ratio 5.6. It has cash and short-term investments of THB112.3M.
Key information
34.1%
Debt to equity ratio
฿1.28b
Debt
Interest coverage ratio | 5.6x |
Cash | ฿112.27m |
Equity | ฿3.77b |
Total liabilities | ฿1.92b |
Total assets | ฿5.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSTE's short term assets (THB1.4B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: TSTE's short term assets (THB1.4B) exceed its long term liabilities (THB669.0M).
Debt to Equity History and Analysis
Debt Level: TSTE's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: TSTE's debt to equity ratio has increased from 33.7% to 34.1% over the past 5 years.
Debt Coverage: TSTE's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: TSTE's interest payments on its debt are well covered by EBIT (5.6x coverage).