Country Group Development Balance Sheet Health
Financial Health criteria checks 5/6
Country Group Development has a total shareholder equity of THB4.7B and total debt of THB1.9B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are THB16.4B and THB11.8B respectively. Country Group Development's EBIT is THB737.2M making its interest coverage ratio 1.2. It has cash and short-term investments of THB2.7B.
Key information
39.9%
Debt to equity ratio
฿1.86b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ฿2.69b |
| Equity | ฿4.66b |
| Total liabilities | ฿11.78b |
| Total assets | ฿16.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGD-R's short term assets (THB6.7B) do not cover its short term liabilities (THB9.6B).
Long Term Liabilities: CGD-R's short term assets (THB6.7B) exceed its long term liabilities (THB2.2B).
Debt to Equity History and Analysis
Debt Level: CGD-R has more cash than its total debt.
Reducing Debt: CGD-R's debt to equity ratio has reduced from 320.9% to 39.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CGD-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CGD-R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18% per year.