Ticon Freehold and Leasehold Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Ticon Freehold and Leasehold Real Estate Investment Trust has a total shareholder equity of THB35.8B and total debt of THB12.7B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are THB50.4B and THB14.5B respectively. Ticon Freehold and Leasehold Real Estate Investment Trust's EBIT is THB2.9B making its interest coverage ratio 6.7. It has cash and short-term investments of THB305.1M.
Key information
35.5%
Debt to equity ratio
฿12.71b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ฿305.08m |
| Equity | ฿35.82b |
| Total liabilities | ฿14.54b |
| Total assets | ฿50.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTREIT's short term assets (THB454.3M) do not cover its short term liabilities (THB1.7B).
Long Term Liabilities: FTREIT's short term assets (THB454.3M) do not cover its long term liabilities (THB12.9B).
Debt to Equity History and Analysis
Debt Level: FTREIT's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: FTREIT's debt to equity ratio has increased from 31.1% to 35.5% over the past 5 years.
Debt Coverage: FTREIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FTREIT's interest payments on its debt are well covered by EBIT (6.7x coverage).