Nava Nakorn Balance Sheet Health
Financial Health criteria checks 6/6
Nava Nakorn has a total shareholder equity of THB3.6B and total debt of THB164.5M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are THB4.5B and THB906.8M respectively. Nava Nakorn's EBIT is THB339.5M making its interest coverage ratio -165.6. It has cash and short-term investments of THB790.4M.
Key information
4.6%
Debt to equity ratio
฿164.46m
Debt
Interest coverage ratio | -165.6x |
Cash | ฿790.45m |
Equity | ฿3.61b |
Total liabilities | ฿906.76m |
Total assets | ฿4.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNCL's short term assets (THB1.7B) exceed its short term liabilities (THB197.2M).
Long Term Liabilities: NNCL's short term assets (THB1.7B) exceed its long term liabilities (THB709.5M).
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 11.2% to 4.6% over the past 5 years.
Debt Coverage: NNCL's debt is well covered by operating cash flow (217.5%).
Interest Coverage: NNCL earns more interest than it pays, so coverage of interest payments is not a concern.