Thai Group Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Thai Group Holdings has a total shareholder equity of THB8.9B and total debt of THB19.2B, which brings its debt-to-equity ratio to 214.6%. Its total assets and total liabilities are THB86.1B and THB77.2B respectively. Thai Group Holdings's EBIT is THB869.6M making its interest coverage ratio 1.3. It has cash and short-term investments of THB5.2B.
Key information
214.6%
Debt to equity ratio
฿19.16b
Debt
Interest coverage ratio | 1.3x |
Cash | ฿5.21b |
Equity | ฿8.93b |
Total liabilities | ฿77.16b |
Total assets | ฿86.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGH's short term assets (THB14.9B) do not cover its short term liabilities (THB30.0B).
Long Term Liabilities: TGH's short term assets (THB14.9B) do not cover its long term liabilities (THB47.2B).
Debt to Equity History and Analysis
Debt Level: TGH's net debt to equity ratio (156.2%) is considered high.
Reducing Debt: TGH's debt to equity ratio has increased from 115.7% to 214.6% over the past 5 years.
Debt Coverage: TGH's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: TGH's interest payments on its debt are not well covered by EBIT (1.3x coverage).