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 THB1.3B, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are THB5.1B and THB1.7B respectively. Asia Metal's EBIT is THB195.7M making its interest coverage ratio 3.5. It has cash and short-term investments of THB162.8M.
Key information
37.7%
Debt to equity ratio
฿1.28b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ฿162.84m |
| Equity | ฿3.39b |
| Total liabilities | ฿1.70b |
| Total assets | ฿5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMC's short term assets (THB2.6B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: AMC's short term assets (THB2.6B) exceed its long term liabilities (THB104.5M).
Debt to Equity History and Analysis
Debt Level: AMC's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: AMC's debt to equity ratio has reduced from 80.3% to 37.7% over the past 5 years.
Debt Coverage: AMC's debt is well covered by operating cash flow (35.9%).
Interest Coverage: AMC's interest payments on its debt are well covered by EBIT (3.5x coverage).