AP (Thailand) Balance Sheet Health
Financial Health criteria checks 3/6
AP (Thailand) has a total shareholder equity of THB40.7B and total debt of THB34.1B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are THB83.9B and THB43.2B respectively. AP (Thailand)'s EBIT is THB6.5B making its interest coverage ratio 34.2. It has cash and short-term investments of THB2.0B.
Key information
83.7%
Debt to equity ratio
฿34.08b
Debt
Interest coverage ratio | 34.2x |
Cash | ฿2.04b |
Equity | ฿40.74b |
Total liabilities | ฿43.21b |
Total assets | ฿83.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP's short term assets (THB74.6B) exceed its short term liabilities (THB21.3B).
Long Term Liabilities: AP's short term assets (THB74.6B) exceed its long term liabilities (THB21.9B).
Debt to Equity History and Analysis
Debt Level: AP's net debt to equity ratio (78.7%) is considered high.
Reducing Debt: AP's debt to equity ratio has increased from 82.8% to 83.7% over the past 5 years.
Debt Coverage: AP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AP's interest payments on its debt are well covered by EBIT (34.2x coverage).