Thaire Life Assurance Balance Sheet Health
Financial Health criteria checks 4/6
Thaire Life Assurance has a total shareholder equity of THB1.2B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB2.5B and THB1.3B respectively.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | n/a |
| Cash | ฿24.34m |
| Equity | ฿1.21b |
| Total liabilities | ฿1.33b |
| Total assets | ฿2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THREL's short term assets (THB362.5M) do not cover its short term liabilities (THB874.6M).
Long Term Liabilities: THREL's short term assets (THB362.5M) do not cover its long term liabilities (THB451.8M).
Debt to Equity History and Analysis
Debt Level: THREL is debt free.
Reducing Debt: THREL has not had any debt for past 5 years.
Debt Coverage: THREL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: THREL has no debt, therefore coverage of interest payments is not a concern.