Navakij Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Navakij Insurance has a total shareholder equity of THB2.0B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB6.1B and THB4.1B respectively. Navakij Insurance's EBIT is THB151.3M making its interest coverage ratio 100.4. It has cash and short-term investments of THB570.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 100.4x |
| Cash | ฿570.67m |
| Equity | ฿2.05b |
| Total liabilities | ฿4.05b |
| Total assets | ฿6.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NKI's short term assets (THB2.1B) do not cover its short term liabilities (THB3.9B).
Long Term Liabilities: NKI's short term assets (THB2.1B) exceed its long term liabilities (THB196.1M).
Debt to Equity History and Analysis
Debt Level: NKI is debt free.
Reducing Debt: NKI has not had any debt for past 5 years.
Debt Coverage: NKI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NKI has no debt, therefore coverage of interest payments is not a concern.