Chewathai Balance Sheet Health
Financial Health criteria checks 2/6
Chewathai has a total shareholder equity of THB1.9B and total debt of THB3.5B, which brings its debt-to-equity ratio to 183.2%. Its total assets and total liabilities are THB5.9B and THB4.0B respectively. Chewathai's EBIT is THB13.0M making its interest coverage ratio 0.2. It has cash and short-term investments of THB26.3M.
Key information
183.2%
Debt to equity ratio
฿3.48b
Debt
Interest coverage ratio | 0.2x |
Cash | ฿26.31m |
Equity | ฿1.90b |
Total liabilities | ฿4.01b |
Total assets | ฿5.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHEWA's short term assets (THB5.2B) exceed its short term liabilities (THB2.7B).
Long Term Liabilities: CHEWA's short term assets (THB5.2B) exceed its long term liabilities (THB1.3B).
Debt to Equity History and Analysis
Debt Level: CHEWA's net debt to equity ratio (181.8%) is considered high.
Reducing Debt: CHEWA's debt to equity ratio has increased from 129.8% to 183.2% over the past 5 years.
Debt Coverage: CHEWA's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: CHEWA's interest payments on its debt are not well covered by EBIT (0.2x coverage).