Thai-German Products Balance Sheet Health
Financial Health criteria checks 5/6
Thai-German Products has a total shareholder equity of THB1.9B and total debt of THB521.8M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are THB2.8B and THB912.0M respectively.
Key information
27.7%
Debt to equity ratio
฿521.81m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿14.75m |
| Equity | ฿1.89b |
| Total liabilities | ฿912.01m |
| Total assets | ฿2.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGPRO's short term assets (THB778.9M) do not cover its short term liabilities (THB872.4M).
Long Term Liabilities: TGPRO's short term assets (THB778.9M) exceed its long term liabilities (THB39.7M).
Debt to Equity History and Analysis
Debt Level: TGPRO's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: TGPRO's debt to equity ratio has reduced from 31.7% to 27.7% 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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGPRO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.1% per year.