Chow Steel Industries Balance Sheet Health
Financial Health criteria checks 4/6
Chow Steel Industries has a total shareholder equity of THB2.2B and total debt of THB564.5M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are THB3.4B and THB1.1B respectively. Chow Steel Industries's EBIT is THB114.8M making its interest coverage ratio 1.6. It has cash and short-term investments of THB90.6M.
Key information
25.1%
Debt to equity ratio
฿564.45m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ฿90.58m |
| Equity | ฿2.24b |
| Total liabilities | ฿1.13b |
| Total assets | ฿3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHOW's short term assets (THB1.6B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: CHOW's short term assets (THB1.6B) exceed its long term liabilities (THB77.8M).
Debt to Equity History and Analysis
Debt Level: CHOW's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: CHOW's debt to equity ratio has reduced from 782.7% to 25.1% over the past 5 years.
Debt Coverage: CHOW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHOW's interest payments on its debt are not well covered by EBIT (1.6x coverage).