Navakij Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Navakij Insurance has a total shareholder equity of THB2.2B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB6.2B and THB4.0B respectively. Navakij Insurance's EBIT is THB162.8M making its interest coverage ratio 101.6. It has cash and short-term investments of THB598.2M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 101.6x |
Cash | ฿598.20m |
Equity | ฿2.21b |
Total liabilities | ฿3.96b |
Total assets | ฿6.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NKI's short term assets (THB2.2B) do not cover its short term liabilities (THB3.7B).
Long Term Liabilities: NKI's short term assets (THB2.2B) exceed its long term liabilities (THB309.2M).
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.