MBK Balance Sheet Health
Financial Health criteria checks 2/6
MBK has a total shareholder equity of THB22.4B and total debt of THB20.7B, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are THB60.5B and THB38.1B respectively. MBK's EBIT is THB2.6B making its interest coverage ratio 4.2. It has cash and short-term investments of THB926.0M.
Key information
92.6%
Debt to equity ratio
฿20.74b
Debt
Interest coverage ratio | 4.2x |
Cash | ฿926.01m |
Equity | ฿22.38b |
Total liabilities | ฿38.09b |
Total assets | ฿60.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBK's short term assets (THB8.6B) exceed its short term liabilities (THB7.6B).
Long Term Liabilities: MBK's short term assets (THB8.6B) do not cover its long term liabilities (THB30.5B).
Debt to Equity History and Analysis
Debt Level: MBK's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: MBK's debt to equity ratio has increased from 68.1% to 92.6% over the past 5 years.
Debt Coverage: MBK's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: MBK's interest payments on its debt are well covered by EBIT (4.2x coverage).