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 THB1.2B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are THB4.0B and THB1.6B respectively. Ornsirin Holding's EBIT is THB240.5M making its interest coverage ratio 32.6. It has cash and short-term investments of THB205.5M.
Key information
49.3%
Debt to equity ratio
฿1.18b
Debt
Interest coverage ratio | 32.6x |
Cash | ฿205.48m |
Equity | ฿2.39b |
Total liabilities | ฿1.57b |
Total assets | ฿3.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORN's short term assets (THB3.3B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: ORN's short term assets (THB3.3B) exceed its long term liabilities (THB227.9M).
Debt to Equity History and Analysis
Debt Level: ORN's net debt to equity ratio (40.7%) 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 (32.6x coverage).