ASN Broker Balance Sheet Health
Financial Health criteria checks 2/6
ASN Broker has a total shareholder equity of THB292.1M and total debt of THB200.0M, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are THB546.6M and THB254.5M respectively. ASN Broker's EBIT is THB14.2M making its interest coverage ratio 1.2. It has cash and short-term investments of THB21.5M.
Key information
68.5%
Debt to equity ratio
฿200.00m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ฿21.48m |
| Equity | ฿292.05m |
| Total liabilities | ฿254.53m |
| Total assets | ฿546.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASN's short term assets (THB212.1M) exceed its short term liabilities (THB44.1M).
Long Term Liabilities: ASN's short term assets (THB212.1M) exceed its long term liabilities (THB210.4M).
Debt to Equity History and Analysis
Debt Level: ASN's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: ASN's debt to equity ratio has increased from 0% to 68.5% over the past 5 years.
Debt Coverage: ASN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASN's interest payments on its debt are not well covered by EBIT (1.2x coverage).