General Engineering Balance Sheet Health
Financial Health criteria checks 2/6
General Engineering has a total shareholder equity of THB4.2B and total debt of THB3.4B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are THB10.5B and THB6.3B respectively.
Key information
79.9%
Debt to equity ratio
฿3.36b
Debt
Interest coverage ratio | n/a |
Cash | ฿60.24m |
Equity | ฿4.20b |
Total liabilities | ฿6.34b |
Total assets | ฿10.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEL's short term assets (THB1.9B) do not cover its short term liabilities (THB2.9B).
Long Term Liabilities: GEL's short term assets (THB1.9B) do not cover its long term liabilities (THB3.4B).
Debt to Equity History and Analysis
Debt Level: GEL's net debt to equity ratio (78.5%) is considered high.
Reducing Debt: GEL's debt to equity ratio has increased from 28% to 79.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GEL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.7% per year.