Muang Thai Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Muang Thai Insurance has a total shareholder equity of THB5.8B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB31.6B and THB25.8B respectively. Muang Thai Insurance's EBIT is THB859.5M making its interest coverage ratio 279.3. It has cash and short-term investments of THB722.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 279.3x |
| Cash | ฿722.74m |
| Equity | ฿5.80b |
| Total liabilities | ฿25.77b |
| Total assets | ฿31.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTI-R's short term assets (THB12.5B) do not cover its short term liabilities (THB24.7B).
Long Term Liabilities: MTI-R's short term assets (THB12.5B) exceed its long term liabilities (THB1.1B).
Debt to Equity History and Analysis
Debt Level: MTI-R is debt free.
Reducing Debt: MTI-R has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.
Debt Coverage: MTI-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MTI-R has no debt, therefore coverage of interest payments is not a concern.