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).