General Engineering Balance Sheet Health
Financial Health criteria checks 2/6
General Engineering has a total shareholder equity of THB4.2B and total debt of THB3.9B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are THB11.0B and THB6.8B respectively. General Engineering's EBIT is THB141.5M making its interest coverage ratio 1. It has cash and short-term investments of THB212.9M.
Key information
92.7%
Debt to equity ratio
฿3.85b
Debt
| Interest coverage ratio | 1x |
| Cash | ฿212.95m |
| Equity | ฿4.16b |
| Total liabilities | ฿6.84b |
| Total assets | ฿11.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEL-F's short term assets (THB2.3B) do not cover its short term liabilities (THB3.4B).
Long Term Liabilities: GEL-F's short term assets (THB2.3B) do not cover its long term liabilities (THB3.5B).
Debt to Equity History and Analysis
Debt Level: GEL-F's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: GEL-F's debt to equity ratio has increased from 25.9% to 92.7% 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 GEL-F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GEL-F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.9% per year.