Thai Coating Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Thai Coating Industrial has a total shareholder equity of THB547.9M and total debt of THB16.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB630.5M and THB82.6M respectively.
Key information
0.003%
Debt to equity ratio
฿16.00k
Debt
Interest coverage ratio | n/a |
Cash | ฿113.72m |
Equity | ฿547.85m |
Total liabilities | ฿82.60m |
Total assets | ฿630.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCOAT-R's short term assets (THB410.0M) exceed its short term liabilities (THB47.6M).
Long Term Liabilities: TCOAT-R's short term assets (THB410.0M) exceed its long term liabilities (THB35.0M).
Debt to Equity History and Analysis
Debt Level: TCOAT-R has more cash than its total debt.
Reducing Debt: TCOAT-R's debt to equity ratio has reduced from 1.9% to 0% over the past 5 years.
Debt Coverage: TCOAT-R's debt is well covered by operating cash flow (192387.5%).
Interest Coverage: Insufficient data to determine if TCOAT-R's interest payments on its debt are well covered by EBIT.