Asset Five Group Balance Sheet Health
Financial Health criteria checks 4/6
Asset Five Group has a total shareholder equity of THB1.7B and total debt of THB1.5B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are THB3.6B and THB1.9B respectively. Asset Five Group's EBIT is THB653.6M making its interest coverage ratio 28.5. It has cash and short-term investments of THB104.7M.
Key information
87.2%
Debt to equity ratio
฿1.51b
Debt
| Interest coverage ratio | 28.5x |
| Cash | ฿104.70m |
| Equity | ฿1.73b |
| Total liabilities | ฿1.87b |
| Total assets | ฿3.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A5's short term assets (THB3.2B) exceed its short term liabilities (THB361.8M).
Long Term Liabilities: A5's short term assets (THB3.2B) exceed its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: A5's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: A5's debt to equity ratio has reduced from 198.7% to 87.2% over the past 5 years.
Debt Coverage: A5's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A5's interest payments on its debt are well covered by EBIT (28.5x coverage).