Carabao Group Balance Sheet Health
Financial Health criteria checks 6/6
Carabao Group has a total shareholder equity of THB12.0B and total debt of THB4.0B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are THB18.6B and THB6.7B respectively. Carabao Group's EBIT is THB2.8B making its interest coverage ratio 15. It has cash and short-term investments of THB788.3M.
Key information
33.3%
Debt to equity ratio
฿3.98b
Debt
| Interest coverage ratio | 15x |
| Cash | ฿788.26m |
| Equity | ฿11.96b |
| Total liabilities | ฿6.67b |
| Total assets | ฿18.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBG-F's short term assets (THB4.9B) exceed its short term liabilities (THB3.3B).
Long Term Liabilities: CBG-F's short term assets (THB4.9B) exceed its long term liabilities (THB3.4B).
Debt to Equity History and Analysis
Debt Level: CBG-F's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: CBG-F's debt to equity ratio has reduced from 59.5% to 33.3% over the past 5 years.
Debt Coverage: CBG-F's debt is well covered by operating cash flow (104.6%).
Interest Coverage: CBG-F's interest payments on its debt are well covered by EBIT (15x coverage).