Multibax Balance Sheet Health
Financial Health criteria checks 1/6
Multibax has a total shareholder equity of THB502.2M and total debt of THB608.8M, which brings its debt-to-equity ratio to 121.2%. Its total assets and total liabilities are THB1.4B and THB904.4M respectively. Multibax's EBIT is THB10.8M making its interest coverage ratio 0.4. It has cash and short-term investments of THB53.4M.
Key information
121.2%
Debt to equity ratio
฿608.78m
Debt
Interest coverage ratio | 0.4x |
Cash | ฿53.41m |
Equity | ฿502.16m |
Total liabilities | ฿904.44m |
Total assets | ฿1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBAX-R's short term assets (THB691.1M) do not cover its short term liabilities (THB731.7M).
Long Term Liabilities: MBAX-R's short term assets (THB691.1M) exceed its long term liabilities (THB172.7M).
Debt to Equity History and Analysis
Debt Level: MBAX-R's net debt to equity ratio (110.6%) is considered high.
Reducing Debt: MBAX-R's debt to equity ratio has increased from 67.3% to 121.2% over the past 5 years.
Debt Coverage: MBAX-R's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: MBAX-R's interest payments on its debt are not well covered by EBIT (0.4x coverage).