Chewathai Balance Sheet Health
Financial Health criteria checks 4/6
Chewathai has a total shareholder equity of THB1.9B and total debt of THB2.9B, which brings its debt-to-equity ratio to 151%. Its total assets and total liabilities are THB5.3B and THB3.3B respectively. Chewathai's EBIT is THB19.0M making its interest coverage ratio 1.3. It has cash and short-term investments of THB181.4M.
Key information
151.0%
Debt to equity ratio
฿2.90b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ฿181.37m |
| Equity | ฿1.92b |
| Total liabilities | ฿3.33b |
| Total assets | ฿5.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHEWA-R's short term assets (THB4.6B) exceed its short term liabilities (THB2.4B).
Long Term Liabilities: CHEWA-R's short term assets (THB4.6B) exceed its long term liabilities (THB915.5M).
Debt to Equity History and Analysis
Debt Level: CHEWA-R's net debt to equity ratio (141.6%) is considered high.
Reducing Debt: CHEWA-R's debt to equity ratio has reduced from 226.2% to 151% over the past 5 years.
Debt Coverage: CHEWA-R's debt is well covered by operating cash flow (43.9%).
Interest Coverage: CHEWA-R's interest payments on its debt are not well covered by EBIT (1.3x coverage).