CPN Commercial Growth Leasehold Property Fund Balance Sheet Health
Financial Health criteria checks 5/6
CPN Commercial Growth Leasehold Property Fund has a total shareholder equity of THB4.3B and total debt of THB93.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are THB5.5B and THB1.2B respectively. CPN Commercial Growth Leasehold Property Fund's EBIT is THB709.1M making its interest coverage ratio 18.6. It has cash and short-term investments of THB770.2M.
Key information
2.2%
Debt to equity ratio
฿92.95m
Debt
| Interest coverage ratio | 18.6x |
| Cash | ฿770.25m |
| Equity | ฿4.26b |
| Total liabilities | ฿1.21b |
| Total assets | ฿5.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPNCG's short term assets (THB778.4M) exceed its short term liabilities (THB57.6M).
Long Term Liabilities: CPNCG's short term assets (THB778.4M) do not cover its long term liabilities (THB1.2B).
Debt to Equity History and Analysis
Debt Level: CPNCG has more cash than its total debt.
Reducing Debt: CPNCG's debt to equity ratio has reduced from 4.7% to 2.2% over the past 5 years.
Debt Coverage: CPNCG's debt is well covered by operating cash flow (239%).
Interest Coverage: CPNCG's interest payments on its debt are well covered by EBIT (18.6x coverage).