Asia Metal Balance Sheet Health
Financial Health criteria checks 6/6
Asia Metal has a total shareholder equity of THB3.4B and total debt of THB1.5B, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are THB5.5B and THB2.1B respectively. Asia Metal's EBIT is THB364.8M making its interest coverage ratio 6.5. It has cash and short-term investments of THB701.0M.
Key information
43.6%
Debt to equity ratio
฿1.47b
Debt
| Interest coverage ratio | 6.5x |
| Cash | ฿701.04m |
| Equity | ฿3.38b |
| Total liabilities | ฿2.08b |
| Total assets | ฿5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMC-R's short term assets (THB3.0B) exceed its short term liabilities (THB2.0B).
Long Term Liabilities: AMC-R's short term assets (THB3.0B) exceed its long term liabilities (THB116.9M).
Debt to Equity History and Analysis
Debt Level: AMC-R's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: AMC-R's debt to equity ratio has reduced from 65.3% to 43.6% over the past 5 years.
Debt Coverage: AMC-R's debt is well covered by operating cash flow (36.7%).
Interest Coverage: AMC-R's interest payments on its debt are well covered by EBIT (6.5x coverage).