Ichitan Group Balance Sheet Health
Financial Health criteria checks 6/6
Ichitan Group has a total shareholder equity of THB5.9B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB7.4B and THB1.4B respectively. Ichitan Group's EBIT is THB1.7B making its interest coverage ratio -137.5. It has cash and short-term investments of THB959.4M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -137.5x |
| Cash | ฿959.44m |
| Equity | ฿5.93b |
| Total liabilities | ฿1.44b |
| Total assets | ฿7.38b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ICHI-F's short term assets (THB3.7B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: ICHI-F's short term assets (THB3.7B) exceed its long term liabilities (THB92.5M).
Debt to Equity History and Analysis
Debt Level: ICHI-F is debt free.
Reducing Debt: ICHI-F has no debt compared to 5 years ago when its debt to equity ratio was 18.1%.
Debt Coverage: ICHI-F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICHI-F has no debt, therefore coverage of interest payments is not a concern.