Nava Nakorn Balance Sheet Health
Financial Health criteria checks 6/6
Nava Nakorn has a total shareholder equity of THB3.8B and total debt of THB155.1M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are THB4.7B and THB898.9M respectively. Nava Nakorn's EBIT is THB425.4M making its interest coverage ratio -193.9. It has cash and short-term investments of THB868.8M.
Key information
4.1%
Debt to equity ratio
฿155.14m
Debt
Interest coverage ratio | -193.9x |
Cash | ฿868.78m |
Equity | ฿3.77b |
Total liabilities | ฿898.94m |
Total assets | ฿4.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNCL-R's short term assets (THB1.7B) exceed its short term liabilities (THB207.0M).
Long Term Liabilities: NNCL-R's short term assets (THB1.7B) exceed its long term liabilities (THB691.9M).
Debt to Equity History and Analysis
Debt Level: NNCL-R has more cash than its total debt.
Reducing Debt: NNCL-R's debt to equity ratio has reduced from 10.7% to 4.1% over the past 5 years.
Debt Coverage: NNCL-R's debt is well covered by operating cash flow (251.3%).
Interest Coverage: NNCL-R earns more interest than it pays, so coverage of interest payments is not a concern.