TSTE Balance Sheet Health
Financial Health criteria checks 3/6
TSTE has a total shareholder equity of THB3.8B and total debt of THB1.7B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are THB6.2B and THB2.4B respectively. TSTE's EBIT is THB184.3M making its interest coverage ratio 3.7. It has cash and short-term investments of THB133.4M.
Key information
45.3%
Debt to equity ratio
฿1.74b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ฿133.44m |
| Equity | ฿3.83b |
| Total liabilities | ฿2.37b |
| Total assets | ฿6.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSTE's short term assets (THB1.6B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: TSTE's short term assets (THB1.6B) exceed its long term liabilities (THB1.1B).
Debt to Equity History and Analysis
Debt Level: TSTE's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: TSTE's debt to equity ratio has increased from 26% to 45.3% over the past 5 years.
Debt Coverage: TSTE's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: TSTE's interest payments on its debt are well covered by EBIT (3.7x coverage).