Thai-German Products Balance Sheet Health
Financial Health criteria checks 4/6
Thai-German Products has a total shareholder equity of THB1.8B and total debt of THB597.7M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are THB2.7B and THB970.8M respectively.
Key information
33.6%
Debt to equity ratio
฿597.66m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿17.81m |
| Equity | ฿1.78b |
| Total liabilities | ฿970.85m |
| Total assets | ฿2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGPRO-R's short term assets (THB771.6M) do not cover its short term liabilities (THB914.2M).
Long Term Liabilities: TGPRO-R's short term assets (THB771.6M) exceed its long term liabilities (THB56.6M).
Debt to Equity History and Analysis
Debt Level: TGPRO-R's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: TGPRO-R's debt to equity ratio has increased from 25.8% to 33.6% 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 TGPRO-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGPRO-R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.3% per year.