Muang Thai Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Muang Thai Insurance has a total shareholder equity of THB6.1B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB32.0B and THB25.9B respectively. Muang Thai Insurance's EBIT is THB740.4M making its interest coverage ratio 243.7. It has cash and short-term investments of THB806.6M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 243.7x |
Cash | ฿806.65m |
Equity | ฿6.12b |
Total liabilities | ฿25.93b |
Total assets | ฿32.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTI's short term assets (THB12.7B) exceed its short term liabilities (THB7.4B).
Long Term Liabilities: MTI's short term assets (THB12.7B) do not cover its long term liabilities (THB18.5B).
Debt to Equity History and Analysis
Debt Level: MTI is debt free.
Reducing Debt: MTI had no debt 5 years ago.
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.