Autocorp Holding Balance Sheet Health
Financial Health criteria checks 4/6
Autocorp Holding has a total shareholder equity of THB703.6M and total debt of THB323.3M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are THB1.4B and THB669.5M respectively. Autocorp Holding's EBIT is THB57.4M making its interest coverage ratio 2.6. It has cash and short-term investments of THB219.7M.
Key information
45.9%
Debt to equity ratio
฿323.30m
Debt
Interest coverage ratio | 2.6x |
Cash | ฿219.65m |
Equity | ฿703.59m |
Total liabilities | ฿669.48m |
Total assets | ฿1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACG's short term assets (THB413.9M) do not cover its short term liabilities (THB472.6M).
Long Term Liabilities: ACG's short term assets (THB413.9M) exceed its long term liabilities (THB196.9M).
Debt to Equity History and Analysis
Debt Level: ACG's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: ACG's debt to equity ratio has reduced from 156.1% to 45.9% over the past 5 years.
Debt Coverage: ACG's debt is well covered by operating cash flow (46.6%).
Interest Coverage: ACG's interest payments on its debt are not well covered by EBIT (2.6x coverage).