Multibax Balance Sheet Health
Financial Health criteria checks 2/6
Multibax has a total shareholder equity of THB498.5M and total debt of THB589.2M, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are THB1.4B and THB890.9M respectively.
Key information
118.2%
Debt to equity ratio
฿589.22m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿60.13m |
| Equity | ฿498.48m |
| Total liabilities | ฿890.94m |
| Total assets | ฿1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBAX's short term assets (THB662.8M) do not cover its short term liabilities (THB787.8M).
Long Term Liabilities: MBAX's short term assets (THB662.8M) exceed its long term liabilities (THB103.1M).
Debt to Equity History and Analysis
Debt Level: MBAX's net debt to equity ratio (106.1%) is considered high.
Reducing Debt: MBAX's debt to equity ratio has increased from 77.8% to 118.2% over the past 5 years.
Debt Coverage: MBAX's debt is well covered by operating cash flow (28%).
Interest Coverage: Insufficient data to determine if MBAX's interest payments on its debt are well covered by EBIT.