E for L Aim Balance Sheet Health
Financial Health criteria checks 4/6
E for L Aim has a total shareholder equity of THB518.6M and total debt of THB359.0M, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are THB1.4B and THB848.9M respectively. E for L Aim's EBIT is THB17.1M making its interest coverage ratio 0.5. It has cash and short-term investments of THB95.7M.
Key information
69.2%
Debt to equity ratio
฿358.97m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ฿95.72m |
| Equity | ฿518.59m |
| Total liabilities | ฿848.94m |
| Total assets | ฿1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFORL's short term assets (THB853.6M) exceed its short term liabilities (THB611.7M).
Long Term Liabilities: EFORL's short term assets (THB853.6M) exceed its long term liabilities (THB237.2M).
Debt to Equity History and Analysis
Debt Level: EFORL's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: EFORL's debt to equity ratio has reduced from 441.9% to 69.2% over the past 5 years.
Debt Coverage: EFORL's debt is well covered by operating cash flow (54.5%).
Interest Coverage: EFORL's interest payments on its debt are not well covered by EBIT (0.5x coverage).