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
228.2%
Debt to equity ratio
฿3.06b
Debt
| Interest coverage ratio | 17.7x |
| Cash | ฿122.88m |
| Equity | ฿1.34b |
| 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).