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
0%
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's short term assets (THB11.8B) exceed its short term liabilities (THB7.1B).
Long Term Liabilities: MTI's short term assets (THB11.8B) do not cover its long term liabilities (THB18.0B).
Debt to Equity History and Analysis
Debt Level: MTI is debt free.
Reducing Debt: MTI has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: MTI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MTI has no debt, therefore coverage of interest payments is not a concern.