Market Connections Asia Balance Sheet Health
Financial Health criteria checks 6/6
Market Connections Asia has a total shareholder equity of THB304.6M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB370.1M and THB65.6M respectively. Market Connections Asia's EBIT is THB32.2M making its interest coverage ratio 45.6. It has cash and short-term investments of THB129.4M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 45.6x |
Cash | ฿129.41m |
Equity | ฿304.58m |
Total liabilities | ฿65.57m |
Total assets | ฿370.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCA-R's short term assets (THB289.2M) exceed its short term liabilities (THB56.6M).
Long Term Liabilities: MCA-R's short term assets (THB289.2M) exceed its long term liabilities (THB9.0M).
Debt to Equity History and Analysis
Debt Level: MCA-R is debt free.
Reducing Debt: MCA-R had no debt 5 years ago.
Debt Coverage: MCA-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MCA-R has no debt, therefore coverage of interest payments is not a concern.