Eastern Star Real Estate Balance Sheet Health
Financial Health criteria checks 4/6
Eastern Star Real Estate has a total shareholder equity of THB5.0B and total debt of THB1.3B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are THB6.9B and THB1.9B respectively. Eastern Star Real Estate's EBIT is THB24.4M making its interest coverage ratio 4.4. It has cash and short-term investments of THB337.8M.
Key information
26.6%
Debt to equity ratio
฿1.32b
Debt
Interest coverage ratio | 4.4x |
Cash | ฿337.76m |
Equity | ฿4.98b |
Total liabilities | ฿1.89b |
Total assets | ฿6.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESTAR's short term assets (THB3.5B) exceed its short term liabilities (THB543.2M).
Long Term Liabilities: ESTAR's short term assets (THB3.5B) exceed its long term liabilities (THB1.3B).
Debt to Equity History and Analysis
Debt Level: ESTAR's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: ESTAR's debt to equity ratio has increased from 14.8% to 26.6% over the past 5 years.
Debt Coverage: ESTAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ESTAR's interest payments on its debt are well covered by EBIT (4.4x coverage).