Nava Nakorn Balance Sheet Health
Financial Health criteria checks 6/6
Nava Nakorn has a total shareholder equity of THB3.7B and total debt of THB134.9M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are THB4.6B and THB894.0M respectively. Nava Nakorn's EBIT is THB351.8M making its interest coverage ratio -747.8. It has cash and short-term investments of THB563.1M.
Key information
3.6%
Debt to equity ratio
฿134.95m
Debt
| Interest coverage ratio | -747.8x |
| Cash | ฿563.12m |
| Equity | ฿3.71b |
| Total liabilities | ฿894.05m |
| Total assets | ฿4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNCL's short term assets (THB1.6B) exceed its short term liabilities (THB185.5M).
Long Term Liabilities: NNCL's short term assets (THB1.6B) exceed its long term liabilities (THB708.5M).
Debt to Equity History and Analysis
Debt Level: NNCL has more cash than its total debt.
Reducing Debt: NNCL's debt to equity ratio has reduced from 10.2% to 3.6% over the past 5 years.
Debt Coverage: NNCL's debt is well covered by operating cash flow (200.2%).
Interest Coverage: NNCL earns more interest than it pays, so coverage of interest payments is not a concern.