Tycoons Worldwide Group (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
Tycoons Worldwide Group (Thailand) has a total shareholder equity of THB4.7B and total debt of THB808.5M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are THB5.8B and THB1.1B respectively. Tycoons Worldwide Group (Thailand)'s EBIT is THB50.0M making its interest coverage ratio 0.8. It has cash and short-term investments of THB493.8M.
Key information
17.3%
Debt to equity ratio
฿808.46m
Debt
Interest coverage ratio | 0.8x |
Cash | ฿493.77m |
Equity | ฿4.68b |
Total liabilities | ฿1.10b |
Total assets | ฿5.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYCN-R's short term assets (THB2.2B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: TYCN-R's short term assets (THB2.2B) exceed its long term liabilities (THB57.2M).
Debt to Equity History and Analysis
Debt Level: TYCN-R's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: TYCN-R's debt to equity ratio has reduced from 33.5% to 17.3% over the past 5 years.
Debt Coverage: TYCN-R's debt is well covered by operating cash flow (112.3%).
Interest Coverage: TYCN-R's interest payments on its debt are not well covered by EBIT (0.8x coverage).