Neo Corporate Public Company Limited

SET:NEO Stock Report

Market Cap: ฿17.0b

Neo Balance Sheet Health

Financial Health criteria checks 3/6

Neo has a total shareholder equity of THB1.3B and total debt of THB3.1B, which brings its debt-to-equity ratio to 228.2%. Its total assets and total liabilities are THB7.5B and THB6.1B respectively. Neo's EBIT is THB1.2B making its interest coverage ratio 17.7. It has cash and short-term investments of THB122.9M.

Key information


Debt to equity ratio



Interest coverage ratio17.7x
Total liabilities฿6.13b
Total assets฿7.47b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NEO's short term assets (THB3.3B) do not cover its short term liabilities (THB3.7B).

Long Term Liabilities: NEO's short term assets (THB3.3B) exceed its long term liabilities (THB2.4B).

Debt to Equity History and Analysis

Debt Level: NEO's net debt to equity ratio (219%) is considered high.

Reducing Debt: Insufficient data to determine if NEO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NEO's debt is well covered by operating cash flow (35.3%).

Interest Coverage: NEO's interest payments on its debt are well covered by EBIT (17.7x coverage).

Balance Sheet

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