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 THB1.7B and THB80.3M respectively. Tong Hua Holding's EBIT is THB117.3M making its interest coverage ratio 1977. It has cash and short-term investments of THB474.5M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 1977x |
Cash | ฿474.53m |
Equity | ฿1.63b |
Total liabilities | ฿80.32m |
Total assets | ฿1.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TH's short term assets (THB601.2M) exceed its short term liabilities (THB39.1M).
Long Term Liabilities: TH's short term assets (THB601.2M) exceed its long term liabilities (THB41.2M).
Debt to Equity History and Analysis
Debt Level: TH is debt free.
Reducing Debt: TH had no debt 5 years ago.
Debt Coverage: TH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TH has no debt, therefore coverage of interest payments is not a concern.