Advice IT Infinite Balance Sheet Health
Financial Health criteria checks 3/6
Advice IT Infinite has a total shareholder equity of THB310.8M and total debt of THB374.4M, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are THB2.6B and THB2.3B respectively. Advice IT Infinite's EBIT is THB238.3M making its interest coverage ratio 10.7. It has cash and short-term investments of THB99.8M.
Key information
120.5%
Debt to equity ratio
฿374.39m
Debt
Interest coverage ratio | 10.7x |
Cash | ฿99.84m |
Equity | ฿310.78m |
Total liabilities | ฿2.33b |
Total assets | ฿2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADVICE's short term assets (THB1.7B) do not cover its short term liabilities (THB2.2B).
Long Term Liabilities: ADVICE's short term assets (THB1.7B) exceed its long term liabilities (THB175.7M).
Debt to Equity History and Analysis
Debt Level: ADVICE's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: Insufficient data to determine if ADVICE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ADVICE's debt is well covered by operating cash flow (74.1%).
Interest Coverage: ADVICE's interest payments on its debt are well covered by EBIT (10.7x coverage).