Chememan Balance Sheet Health
Financial Health criteria checks 1/6
Chememan has a total shareholder equity of THB2.7B and total debt of THB3.0B, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are THB6.4B and THB3.8B respectively. Chememan's EBIT is THB444.1M making its interest coverage ratio 2.2. It has cash and short-term investments of THB154.8M.
Key information
111.2%
Debt to equity ratio
฿2.96b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿154.78m |
| Equity | ฿2.66b |
| Total liabilities | ฿3.79b |
| Total assets | ฿6.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMAN-R's short term assets (THB1.2B) do not cover its short term liabilities (THB2.1B).
Long Term Liabilities: CMAN-R's short term assets (THB1.2B) do not cover its long term liabilities (THB1.7B).
Debt to Equity History and Analysis
Debt Level: CMAN-R's net debt to equity ratio (105.4%) is considered high.
Reducing Debt: CMAN-R's debt to equity ratio has increased from 65.3% to 111.2% over the past 5 years.
Debt Coverage: CMAN-R's debt is well covered by operating cash flow (26%).
Interest Coverage: CMAN-R's interest payments on its debt are not well covered by EBIT (2.2x coverage).