Applied DB Balance Sheet Health
Financial Health criteria checks 3/6
Applied DB has a total shareholder equity of THB599.2M and total debt of THB450.3M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are THB1.4B and THB822.6M respectively. Applied DB's EBIT is THB9.9M making its interest coverage ratio 0.5. It has cash and short-term investments of THB81.3M.
Key information
75.2%
Debt to equity ratio
฿450.33m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ฿81.31m |
| Equity | ฿599.20m |
| Total liabilities | ฿822.56m |
| Total assets | ฿1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADB's short term assets (THB912.4M) exceed its short term liabilities (THB747.1M).
Long Term Liabilities: ADB's short term assets (THB912.4M) exceed its long term liabilities (THB75.5M).
Debt to Equity History and Analysis
Debt Level: ADB's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: ADB's debt to equity ratio has increased from 70.5% to 75.2% over the past 5 years.
Debt Coverage: ADB's debt is well covered by operating cash flow (45.8%).
Interest Coverage: ADB's interest payments on its debt are not well covered by EBIT (0.5x coverage).