Areeya Property Balance Sheet Health
Financial Health criteria checks 2/6
Areeya Property has a total shareholder equity of THB2.9B and total debt of THB8.9B, which brings its debt-to-equity ratio to 309.9%. Its total assets and total liabilities are THB13.7B and THB10.8B respectively.
Key information
309.9%
Debt to equity ratio
฿8.95b
Debt
Interest coverage ratio | n/a |
Cash | ฿145.01m |
Equity | ฿2.89b |
Total liabilities | ฿10.80b |
Total assets | ฿13.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A's short term assets (THB6.8B) exceed its short term liabilities (THB4.1B).
Long Term Liabilities: A's short term assets (THB6.8B) exceed its long term liabilities (THB6.7B).
Debt to Equity History and Analysis
Debt Level: A's net debt to equity ratio (304.9%) is considered high.
Reducing Debt: A's debt to equity ratio has increased from 280.3% to 309.9% over the past 5 years.
Debt Coverage: A's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: Insufficient data to determine if A's interest payments on its debt are well covered by EBIT.