Aqua Corporation Balance Sheet Health
Financial Health criteria checks 2/6
Aqua has a total shareholder equity of THB6.1B and total debt of THB1.9B, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are THB9.0B and THB2.9B respectively. Aqua's EBIT is THB128.3M making its interest coverage ratio 1.4. It has cash and short-term investments of THB142.2M.
Key information
30.7%
Debt to equity ratio
฿1.87b
Debt
Interest coverage ratio | 1.4x |
Cash | ฿142.24m |
Equity | ฿6.07b |
Total liabilities | ฿2.93b |
Total assets | ฿9.00b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQUA's short term assets (THB489.3M) do not cover its short term liabilities (THB1.5B).
Long Term Liabilities: AQUA's short term assets (THB489.3M) do not cover its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: AQUA's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: AQUA's debt to equity ratio has reduced from 51.9% to 30.7% over the past 5 years.
Debt Coverage: AQUA's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: AQUA's interest payments on its debt are not well covered by EBIT (1.4x coverage).