Thai Reinsurance Public Company Limited

SET:THRE Stock Report

Market Cap: ฿2.4b

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 THB8.3B and THB4.4B respectively. Thai Reinsurance's EBIT is THB371.9M making its interest coverage ratio 271.3. It has cash and short-term investments of THB1.2B.

Key information

0%

Debt to equity ratio

฿0

Debt

Interest coverage ratio271.3x
Cash฿1.15b
Equity฿3.84b
Total liabilities฿4.44b
Total assets฿8.28b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: THRE's short term assets (THB3.3B) do not cover its short term liabilities (THB4.2B).

Long Term Liabilities: THRE's short term assets (THB3.3B) exceed its long term liabilities (THB278.3M).


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 0.03%.

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.


Balance Sheet


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