Assetwise Balance Sheet Health
Financial Health criteria checks 4/6
Assetwise has a total shareholder equity of THB7.5B and total debt of THB12.7B, which brings its debt-to-equity ratio to 169.9%. Its total assets and total liabilities are THB24.4B and THB16.9B respectively. Assetwise's EBIT is THB1.2B making its interest coverage ratio -76.2. It has cash and short-term investments of THB1.3B.
Key information
169.9%
Debt to equity ratio
฿12.71b
Debt
Interest coverage ratio | -76.2x |
Cash | ฿1.30b |
Equity | ฿7.48b |
Total liabilities | ฿16.88b |
Total assets | ฿24.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASW's short term assets (THB19.7B) exceed its short term liabilities (THB6.8B).
Long Term Liabilities: ASW's short term assets (THB19.7B) exceed its long term liabilities (THB10.1B).
Debt to Equity History and Analysis
Debt Level: ASW's net debt to equity ratio (152.6%) is considered high.
Reducing Debt: ASW's debt to equity ratio has reduced from 486.4% to 169.9% over the past 5 years.
Debt Coverage: ASW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASW earns more interest than it pays, so coverage of interest payments is not a concern.