Thaire Life Assurance Balance Sheet Health
Financial Health criteria checks 4/6
Thaire Life Assurance has a total shareholder equity of THB1.4B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB2.9B and THB1.4B respectively. Thaire Life Assurance's EBIT is THB181.6M making its interest coverage ratio 6986.3. It has cash and short-term investments of THB81.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 6986.3x |
| Cash | ฿81.72m |
| Equity | ฿1.45b |
| Total liabilities | ฿1.43b |
| Total assets | ฿2.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THREL-F's short term assets (THB375.5M) do not cover its short term liabilities (THB867.2M).
Long Term Liabilities: THREL-F's short term assets (THB375.5M) do not cover its long term liabilities (THB561.4M).
Debt to Equity History and Analysis
Debt Level: THREL-F is debt free.
Reducing Debt: THREL-F has not had any debt for past 5 years.
Debt Coverage: THREL-F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: THREL-F has no debt, therefore coverage of interest payments is not a concern.