N.C. Housing Balance Sheet Health
Financial Health criteria checks 3/6
N.C. Housing has a total shareholder equity of THB3.1B and total debt of THB1.8B, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are THB5.6B and THB2.5B respectively. N.C. Housing's EBIT is THB232.3M making its interest coverage ratio 6.4. It has cash and short-term investments of THB87.5M.
Key information
56.9%
Debt to equity ratio
฿1.79b
Debt
Interest coverage ratio | 6.4x |
Cash | ฿87.53m |
Equity | ฿3.14b |
Total liabilities | ฿2.45b |
Total assets | ฿5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCH's short term assets (THB4.3B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: NCH's short term assets (THB4.3B) exceed its long term liabilities (THB841.2M).
Debt to Equity History and Analysis
Debt Level: NCH's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: NCH's debt to equity ratio has increased from 50.1% to 56.9% over the past 5 years.
Debt Coverage: NCH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NCH's interest payments on its debt are well covered by EBIT (6.4x coverage).