Tong Hua Holding Balance Sheet Health
Financial Health criteria checks 6/6
Tong Hua Holding has a total shareholder equity of THB1.6B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.6B and THB36.0M respectively. Tong Hua Holding's EBIT is THB140.3M making its interest coverage ratio 596.1. It has cash and short-term investments of THB503.6M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 596.1x |
| Cash | ฿503.65m |
| Equity | ฿1.56b |
| Total liabilities | ฿35.96m |
| Total assets | ฿1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TH-R's short term assets (THB633.8M) exceed its short term liabilities (THB27.2M).
Long Term Liabilities: TH-R's short term assets (THB633.8M) exceed its long term liabilities (THB8.8M).
Debt to Equity History and Analysis
Debt Level: TH-R is debt free.
Reducing Debt: TH-R had no debt 5 years ago.
Debt Coverage: TH-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TH-R has no debt, therefore coverage of interest payments is not a concern.