Asia Metal Balance Sheet Health
Financial Health criteria checks 5/6
Asia Metal has a total shareholder equity of THB3.3B and total debt of THB1.1B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are THB5.1B and THB1.8B respectively. Asia Metal's EBIT is THB489.3M making its interest coverage ratio 9.7. It has cash and short-term investments of THB302.1M.
Key information
32.3%
Debt to equity ratio
฿1.08b
Debt
Interest coverage ratio | 9.7x |
Cash | ฿302.07m |
Equity | ฿3.33b |
Total liabilities | ฿1.81b |
Total assets | ฿5.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMC's short term assets (THB2.7B) exceed its short term liabilities (THB1.7B).
Long Term Liabilities: AMC's short term assets (THB2.7B) exceed its long term liabilities (THB107.5M).
Debt to Equity History and Analysis
Debt Level: AMC's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: AMC's debt to equity ratio has reduced from 115.4% to 32.3% over the past 5 years.
Debt Coverage: AMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMC's interest payments on its debt are well covered by EBIT (9.7x coverage).