Country Group Development Balance Sheet Health
Financial Health criteria checks 4/6
Country Group Development has a total shareholder equity of THB4.6B and total debt of THB2.4B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are THB17.1B and THB12.5B respectively. Country Group Development's EBIT is THB1.0B making its interest coverage ratio 1.7. It has cash and short-term investments of THB3.1B.
Key information
52.3%
Debt to equity ratio
฿2.41b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ฿3.07b |
| Equity | ฿4.61b |
| Total liabilities | ฿12.46b |
| Total assets | ฿17.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGD-F's short term assets (THB8.0B) do not cover its short term liabilities (THB10.6B).
Long Term Liabilities: CGD-F's short term assets (THB8.0B) exceed its long term liabilities (THB1.9B).
Debt to Equity History and Analysis
Debt Level: CGD-F has more cash than its total debt.
Reducing Debt: CGD-F's debt to equity ratio has reduced from 249.5% to 52.3% over the past 5 years.
Debt Coverage: CGD-F's debt is well covered by operating cash flow (88.3%).
Interest Coverage: CGD-F's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/29 22:32 |
| End of Day Share Price | 2024/01/31 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Country Group Development Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wasu Mattanapotchanart | KT Zmico Research |
| Tsz Wang Poon | Quam Securities Limited |