Glory Forever Balance Sheet Health
Financial Health criteria checks 6/6
Glory Forever has a total shareholder equity of THB259.3M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB287.6M and THB28.3M respectively.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | n/a |
| Cash | ฿93.39m |
| Equity | ฿259.31m |
| Total liabilities | ฿28.31m |
| Total assets | ฿287.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLORY's short term assets (THB129.7M) exceed its short term liabilities (THB25.5M).
Long Term Liabilities: GLORY's short term assets (THB129.7M) exceed its long term liabilities (THB2.8M).
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.