Glory Forever Balance Sheet Health
Financial Health criteria checks 6/6
Glory Forever has a total shareholder equity of THB268.2M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB294.9M and THB26.7M respectively.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | n/a |
Cash | ฿82.48m |
Equity | ฿268.20m |
Total liabilities | ฿26.71m |
Total assets | ฿294.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLORY's short term assets (THB131.0M) exceed its short term liabilities (THB24.3M).
Long Term Liabilities: GLORY's short term assets (THB131.0M) exceed its long term liabilities (THB2.4M).
Debt to Equity History and Analysis
Debt Level: GLORY is debt free.
Reducing Debt: GLORY had no debt 5 years ago.
Debt Coverage: GLORY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GLORY has no debt, therefore coverage of interest payments is not a concern.