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 THB592.8M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are THB3.2B and THB1.5B respectively. Chonburi Concrete Product's EBIT is THB230.3M making its interest coverage ratio 8. It has cash and short-term investments of THB213.6M.
Key information
34.8%
Debt to equity ratio
฿592.84m
Debt
Interest coverage ratio | 8x |
Cash | ฿213.55m |
Equity | ฿1.70b |
Total liabilities | ฿1.46b |
Total assets | ฿3.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCP's short term assets (THB1.2B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: CCP's short term assets (THB1.2B) exceed its long term liabilities (THB221.5M).
Debt to Equity History and Analysis
Debt Level: CCP's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: CCP's debt to equity ratio has reduced from 60% to 34.8% over the past 5 years.
Debt Coverage: CCP's debt is well covered by operating cash flow (48.4%).
Interest Coverage: CCP's interest payments on its debt are well covered by EBIT (8x coverage).