Ornsirin Holding Balance Sheet Health
Financial Health criteria checks 3/6
Ornsirin Holding has a total shareholder equity of THB2.4B and total debt of THB1.4B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are THB4.6B and THB2.2B respectively. Ornsirin Holding's EBIT is THB101.7M making its interest coverage ratio 261.9. It has cash and short-term investments of THB191.6M.
Key information
59.3%
Debt to equity ratio
฿1.41b
Debt
| Interest coverage ratio | 261.9x |
| Cash | ฿191.56m |
| Equity | ฿2.38b |
| Total liabilities | ฿2.17b |
| Total assets | ฿4.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORN's short term assets (THB4.0B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: ORN's short term assets (THB4.0B) exceed its long term liabilities (THB544.8M).
Debt to Equity History and Analysis
Debt Level: ORN's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: Insufficient data to determine if ORN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ORN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ORN's interest payments on its debt are well covered by EBIT (261.9x coverage).