Advice IT Infinite Balance Sheet Health
Financial Health criteria checks 6/6
Advice IT Infinite has a total shareholder equity of THB919.4M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB3.1B and THB2.2B respectively. Advice IT Infinite's EBIT is THB267.6M making its interest coverage ratio 16.4. It has cash and short-term investments of THB260.8M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 16.4x |
| Cash | ฿260.83m |
| Equity | ฿919.43m |
| Total liabilities | ฿2.21b |
| Total assets | ฿3.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADVICE's short term assets (THB2.3B) exceed its short term liabilities (THB2.1B).
Long Term Liabilities: ADVICE's short term assets (THB2.3B) exceed its long term liabilities (THB155.8M).
Debt to Equity History and Analysis
Debt Level: ADVICE is debt free.
Reducing Debt: ADVICE had no debt 5 years ago.
Debt Coverage: ADVICE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADVICE has no debt, therefore coverage of interest payments is not a concern.