Thai Reinsurance Balance Sheet Health
Financial Health criteria checks 5/6
Thai Reinsurance has a total shareholder equity of THB3.8B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB7.8B and THB4.0B respectively. Thai Reinsurance's EBIT is THB286.7M making its interest coverage ratio 298.6. It has cash and short-term investments of THB391.4M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 298.6x |
| Cash | ฿391.43m |
| Equity | ฿3.80b |
| Total liabilities | ฿4.01b |
| Total assets | ฿7.81b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THRE's short term assets (THB2.3B) do not cover its short term liabilities (THB3.6B).
Long Term Liabilities: THRE's short term assets (THB2.3B) exceed its long term liabilities (THB365.4M).
Debt to Equity History and Analysis
Debt Level: THRE is debt free.
Reducing Debt: THRE has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: THRE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: THRE has no debt, therefore coverage of interest payments is not a concern.