Chow Steel Industries Public Company Limited

SET:CHOW-R Stock Report

Market Cap: ฿2.0b

Chow Steel Industries Balance Sheet Health

Financial Health criteria checks 6/6

Chow Steel Industries has a total shareholder equity of THB2.4B and total debt of THB621.5M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are THB3.8B and THB1.4B respectively. Chow Steel Industries's EBIT is THB196.9M making its interest coverage ratio 9. It has cash and short-term investments of THB164.5M.

Key information

26.4%

Debt to equity ratio

฿621.51m

Debt

Interest coverage ratio9x
Cash฿164.47m
Equity฿2.36b
Total liabilities฿1.42b
Total assets฿3.78b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CHOW-R's short term assets (THB1.8B) exceed its short term liabilities (THB1.3B).

Long Term Liabilities: CHOW-R's short term assets (THB1.8B) exceed its long term liabilities (THB74.1M).


Debt to Equity History and Analysis

Debt Level: CHOW-R's net debt to equity ratio (19.4%) is considered satisfactory.

Reducing Debt: CHOW-R's debt to equity ratio has reduced from 663.4% to 26.4% over the past 5 years.

Debt Coverage: CHOW-R's debt is well covered by operating cash flow (35.1%).

Interest Coverage: CHOW-R's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


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