Muang Thai Insurance Balance Sheet Health

Financial Health criteria checks 5/6

Muang Thai Insurance has a total shareholder equity of THB6.4B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB31.5B and THB25.1B respectively. Muang Thai Insurance's EBIT is THB886.3M making its interest coverage ratio 303.3. It has cash and short-term investments of THB680.7M.

Key information

Debt to equity ratio

฿0

Debt

Interest coverage ratio	303.3x
Cash	฿680.68m
Equity	฿6.39b
Total liabilities	฿25.07b
Total assets	฿31.46b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MTI-R's short term assets (THB11.8B) do not cover its short term liabilities (THB23.9B).

Long Term Liabilities: MTI-R's short term assets (THB11.8B) exceed its long term liabilities (THB1.2B).

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 0.2%.

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.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 09:15
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Muang Thai Insurance Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution