Global Green Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Global Green Chemicals has a total shareholder equity of THB9.4B and total debt of THB584.5M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are THB11.5B and THB2.1B respectively. Global Green Chemicals's EBIT is THB242.5M making its interest coverage ratio 28.8. It has cash and short-term investments of THB1.8B.
Key information
6.2%
Debt to equity ratio
฿584.50m
Debt
| Interest coverage ratio | 28.8x |
| Cash | ฿1.84b |
| Equity | ฿9.39b |
| Total liabilities | ฿2.14b |
| Total assets | ฿11.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGC-R's short term assets (THB5.8B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: GGC-R's short term assets (THB5.8B) exceed its long term liabilities (THB968.4M).
Debt to Equity History and Analysis
Debt Level: GGC-R has more cash than its total debt.
Reducing Debt: GGC-R's debt to equity ratio has reduced from 20.5% to 6.2% over the past 5 years.
Debt Coverage: GGC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GGC-R's interest payments on its debt are well covered by EBIT (28.8x coverage).