Techno Medical Balance Sheet Health
Financial Health criteria checks 2/6
Techno Medical has a total shareholder equity of THB423.7M and total debt of THB403.4M, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are THB928.3M and THB504.6M respectively.
Key information
95.2%
Debt to equity ratio
฿403.38m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿81.37m |
| Equity | ฿423.66m |
| Total liabilities | ฿504.60m |
| Total assets | ฿928.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TM's short term assets (THB510.2M) exceed its short term liabilities (THB379.3M).
Long Term Liabilities: TM's short term assets (THB510.2M) exceed its long term liabilities (THB125.3M).
Debt to Equity History and Analysis
Debt Level: TM's net debt to equity ratio (76%) is considered high.
Reducing Debt: TM's debt to equity ratio has increased from 35.7% to 95.2% over the past 5 years.
Debt Coverage: TM's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if TM's interest payments on its debt are well covered by EBIT.