Chonburi Concrete Product Balance Sheet Health
Financial Health criteria checks 6/6
Chonburi Concrete Product has a total shareholder equity of THB1.7B and total debt of THB519.3M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are THB3.2B and THB1.4B respectively. Chonburi Concrete Product's EBIT is THB230.0M making its interest coverage ratio 8. It has cash and short-term investments of THB345.9M.
Key information
29.8%
Debt to equity ratio
฿519.32m
Debt
Interest coverage ratio | 8x |
Cash | ฿345.87m |
Equity | ฿1.74b |
Total liabilities | ฿1.44b |
Total assets | ฿3.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCP-R's short term assets (THB1.3B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: CCP-R's short term assets (THB1.3B) exceed its long term liabilities (THB201.0M).
Debt to Equity History and Analysis
Debt Level: CCP-R's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: CCP-R's debt to equity ratio has reduced from 63.4% to 29.8% over the past 5 years.
Debt Coverage: CCP-R's debt is well covered by operating cash flow (69%).
Interest Coverage: CCP-R's interest payments on its debt are well covered by EBIT (8x coverage).