Autocorp Holding Balance Sheet Health
Financial Health criteria checks 4/6
Autocorp Holding has a total shareholder equity of THB702.0M and total debt of THB239.3M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are THB1.3B and THB581.1M respectively. Autocorp Holding's EBIT is THB56.4M making its interest coverage ratio 2.6. It has cash and short-term investments of THB151.8M.
Key information
34.1%
Debt to equity ratio
฿239.25m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ฿151.82m |
| Equity | ฿701.99m |
| Total liabilities | ฿581.06m |
| Total assets | ฿1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACG-R's short term assets (THB337.0M) do not cover its short term liabilities (THB390.0M).
Long Term Liabilities: ACG-R's short term assets (THB337.0M) exceed its long term liabilities (THB191.0M).
Debt to Equity History and Analysis
Debt Level: ACG-R's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: ACG-R's debt to equity ratio has reduced from 109% to 34.1% over the past 5 years.
Debt Coverage: ACG-R's debt is well covered by operating cash flow (62.4%).
Interest Coverage: ACG-R's interest payments on its debt are not well covered by EBIT (2.6x coverage).