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 ratio | 2.6x |
| 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).