Dhipaya Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dhipaya Group Holdings has a total shareholder equity of THB9.0B and total debt of THB998.2M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are THB57.3B and THB48.3B respectively. Dhipaya Group Holdings's EBIT is THB2.2B making its interest coverage ratio 90.8. It has cash and short-term investments of THB2.6B.
Key information
11.1%
Debt to equity ratio
฿998.20m
Debt
Interest coverage ratio | 90.8x |
Cash | ฿2.61b |
Equity | ฿8.99b |
Total liabilities | ฿48.27b |
Total assets | ฿57.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIPH's short term assets (THB37.7B) do not cover its short term liabilities (THB45.7B).
Long Term Liabilities: TIPH's short term assets (THB37.7B) exceed its long term liabilities (THB2.6B).
Debt to Equity History and Analysis
Debt Level: TIPH has more cash than its total debt.
Reducing Debt: TIPH's debt to equity ratio has increased from 0% to 11.1% over the past 5 years.
Debt Coverage: TIPH's debt is well covered by operating cash flow (22.4%).
Interest Coverage: TIPH's interest payments on its debt are well covered by EBIT (90.8x coverage).