Areeya Property Balance Sheet Health
Financial Health criteria checks 3/6
Areeya Property has a total shareholder equity of THB2.7B and total debt of THB8.9B, which brings its debt-to-equity ratio to 333.2%. Its total assets and total liabilities are THB13.3B and THB10.6B respectively.
Key information
333.2%
Debt to equity ratio
฿8.87b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿99.05m |
| Equity | ฿2.66b |
| Total liabilities | ฿10.61b |
| Total assets | ฿13.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A's short term assets (THB6.3B) exceed its short term liabilities (THB4.2B).
Long Term Liabilities: A's short term assets (THB6.3B) do not cover its long term liabilities (THB6.4B).
Debt to Equity History and Analysis
Debt Level: A's net debt to equity ratio (329.5%) is considered high.
Reducing Debt: A's debt to equity ratio has increased from 296.3% to 333.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable A has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.6% per year.