Thai Eastern Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Thai Eastern Group Holdings has a total shareholder equity of THB3.1B and total debt of THB3.9B, which brings its debt-to-equity ratio to 125.2%. Its total assets and total liabilities are THB7.9B and THB4.8B respectively. Thai Eastern Group Holdings's EBIT is THB842.5M making its interest coverage ratio 7.4. It has cash and short-term investments of THB1.4B.
Key information
125.2%
Debt to equity ratio
฿3.86b
Debt
| Interest coverage ratio | 7.4x |
| Cash | ฿1.36b |
| Equity | ฿3.08b |
| Total liabilities | ฿4.83b |
| Total assets | ฿7.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEGH-F's short term assets (THB4.8B) exceed its short term liabilities (THB4.1B).
Long Term Liabilities: TEGH-F's short term assets (THB4.8B) exceed its long term liabilities (THB758.2M).
Debt to Equity History and Analysis
Debt Level: TEGH-F's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: Insufficient data to determine if TEGH-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TEGH-F's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: TEGH-F's interest payments on its debt are well covered by EBIT (7.4x coverage).