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 ratio | 9x |
| 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).