MBK Balance Sheet Health
Financial Health criteria checks 2/6
MBK has a total shareholder equity of THB23.3B and total debt of THB21.7B, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are THB61.7B and THB38.4B respectively. MBK's EBIT is THB3.7B making its interest coverage ratio 3.2. It has cash and short-term investments of THB655.0M.
Key information
93.3%
Debt to equity ratio
฿21.70b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ฿655.04m |
| Equity | ฿23.25b |
| Total liabilities | ฿38.40b |
| Total assets | ฿61.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBK-F's short term assets (THB8.2B) exceed its short term liabilities (THB7.4B).
Long Term Liabilities: MBK-F's short term assets (THB8.2B) do not cover its long term liabilities (THB31.0B).
Debt to Equity History and Analysis
Debt Level: MBK-F's net debt to equity ratio (90.5%) is considered high.
Reducing Debt: MBK-F's debt to equity ratio has increased from 71.3% to 93.3% over the past 5 years.
Debt Coverage: MBK-F's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: MBK-F's interest payments on its debt are well covered by EBIT (3.2x coverage).