Country Group Development Balance Sheet Health
Financial Health criteria checks 2/6
Country Group Development has a total shareholder equity of THB4.4B and total debt of THB3.9B, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are THB18.0B and THB13.6B respectively. Country Group Development's EBIT is THB1.2B making its interest coverage ratio 1.9. It has cash and short-term investments of THB1.9B.
Key information
88.1%
Debt to equity ratio
฿3.89b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ฿1.86b |
| Equity | ฿4.42b |
| Total liabilities | ฿13.62b |
| Total assets | ฿18.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGD-W5-R's short term assets (THB8.4B) do not cover its short term liabilities (THB12.0B).
Long Term Liabilities: CGD-W5-R's short term assets (THB8.4B) exceed its long term liabilities (THB1.6B).
Debt to Equity History and Analysis
Debt Level: CGD-W5-R's net debt to equity ratio (46%) is considered high.
Reducing Debt: CGD-W5-R's debt to equity ratio has reduced from 139.7% to 88.1% over the past 5 years.
Debt Coverage: CGD-W5-R's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: CGD-W5-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).