GMM Grammy Public Company Limited

SET:GRAMMY-R Stock Report

Market Cap: ฿6.8b

GMM Grammy Balance Sheet Health

Financial Health criteria checks 3/6

GMM Grammy has a total shareholder equity of THB4.4B and total debt of THB1.5B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are THB9.4B and THB5.1B respectively. GMM Grammy's EBIT is THB361.9M making its interest coverage ratio 2.6. It has cash and short-term investments of THB1.7B.

Key information

35.4%

Debt to equity ratio

฿1.55b

Debt

Interest coverage ratio2.6x
Cash฿1.68b
Equity฿4.37b
Total liabilities฿5.07b
Total assets฿9.45b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GRAMMY-R's short term assets (THB3.7B) do not cover its short term liabilities (THB4.0B).

Long Term Liabilities: GRAMMY-R's short term assets (THB3.7B) exceed its long term liabilities (THB1.0B).


Debt to Equity History and Analysis

Debt Level: GRAMMY-R has more cash than its total debt.

Reducing Debt: GRAMMY-R's debt to equity ratio has increased from 31.5% to 35.4% over the past 5 years.

Debt Coverage: GRAMMY-R's debt is well covered by operating cash flow (23.9%).

Interest Coverage: GRAMMY-R's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


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