Neo Balance Sheet Health
Financial Health criteria checks 5/6
Neo has a total shareholder equity of THB4.8B and total debt of THB2.6B, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are THB10.5B and THB5.7B respectively. Neo's EBIT is THB1.2B making its interest coverage ratio 14.4. It has cash and short-term investments of THB2.4B.
Key information
53.7%
Debt to equity ratio
฿2.59b
Debt
| Interest coverage ratio | 14.4x |
| Cash | ฿2.42b |
| Equity | ฿4.83b |
| Total liabilities | ฿5.68b |
| Total assets | ฿10.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEO's short term assets (THB5.7B) exceed its short term liabilities (THB3.0B).
Long Term Liabilities: NEO's short term assets (THB5.7B) exceed its long term liabilities (THB2.6B).
Debt to Equity History and Analysis
Debt Level: NEO's net debt to equity ratio (3.6%) is considered satisfactory.
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 (39.7%).
Interest Coverage: NEO's interest payments on its debt are well covered by EBIT (14.4x coverage).