Jakpaisan Estate Balance Sheet Health
Financial Health criteria checks 2/6
Jakpaisan Estate has a total shareholder equity of THB451.2M and total debt of THB344.9M, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are THB838.7M and THB387.5M respectively. Jakpaisan Estate's EBIT is THB40.0M making its interest coverage ratio 2.6. It has cash and short-term investments of THB7.6M.
Key information
76.4%
Debt to equity ratio
฿344.94m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ฿7.61m |
| Equity | ฿451.24m |
| Total liabilities | ฿387.50m |
| Total assets | ฿838.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAK-R's short term assets (THB635.7M) exceed its short term liabilities (THB165.3M).
Long Term Liabilities: JAK-R's short term assets (THB635.7M) exceed its long term liabilities (THB222.2M).
Debt to Equity History and Analysis
Debt Level: JAK-R's net debt to equity ratio (74.8%) is considered high.
Reducing Debt: JAK-R's debt to equity ratio has increased from 65.1% to 76.4% over the past 5 years.
Debt Coverage: JAK-R's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: JAK-R's interest payments on its debt are not well covered by EBIT (2.6x coverage).