CPN Retail Growth Leasehold REIT Balance Sheet Health
Financial Health criteria checks 1/6
CPN Retail Growth Leasehold REIT has a total shareholder equity of THB33.7B and total debt of THB19.9B, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are THB79.7B and THB46.0B respectively. CPN Retail Growth Leasehold REIT's EBIT is THB4.9B making its interest coverage ratio 1.9. It has cash and short-term investments of THB1.8B.
Key information
58.9%
Debt to equity ratio
฿19.85b
Debt
Interest coverage ratio | 1.9x |
Cash | ฿1.79b |
Equity | ฿33.68b |
Total liabilities | ฿46.01b |
Total assets | ฿79.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPNREIT's short term assets (THB2.2B) do not cover its short term liabilities (THB3.2B).
Long Term Liabilities: CPNREIT's short term assets (THB2.2B) do not cover its long term liabilities (THB42.8B).
Debt to Equity History and Analysis
Debt Level: CPNREIT's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: CPNREIT's debt to equity ratio has increased from 48.4% to 58.9% over the past 5 years.
Debt Coverage: CPNREIT's debt is well covered by operating cash flow (29.8%).
Interest Coverage: CPNREIT's interest payments on its debt are not well covered by EBIT (1.9x coverage).