Ananda Development Balance Sheet Health
Financial Health criteria checks 2/6
Ananda Development has a total shareholder equity of THB12.0B and total debt of THB16.1B, which brings its debt-to-equity ratio to 135%. Its total assets and total liabilities are THB32.5B and THB20.5B respectively.
Key information
135.0%
Debt to equity ratio
฿16.15b
Debt
Interest coverage ratio | n/a |
Cash | ฿736.48m |
Equity | ฿11.96b |
Total liabilities | ฿20.51b |
Total assets | ฿32.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANAN-R's short term assets (THB19.8B) exceed its short term liabilities (THB13.9B).
Long Term Liabilities: ANAN-R's short term assets (THB19.8B) exceed its long term liabilities (THB6.6B).
Debt to Equity History and Analysis
Debt Level: ANAN-R's net debt to equity ratio (128.8%) is considered high.
Reducing Debt: ANAN-R's debt to equity ratio has increased from 96.7% to 135% over the past 5 years.
Debt Coverage: ANAN-R's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: Insufficient data to determine if ANAN-R's interest payments on its debt are well covered by EBIT.