Boutique Newcity Balance Sheet Health
Financial Health criteria checks 5/6
Boutique Newcity has a total shareholder equity of THB493.4M and total debt of THB9.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are THB549.0M and THB55.6M respectively.
Key information
1.8%
Debt to equity ratio
฿9.00m
Debt
Interest coverage ratio | n/a |
Cash | ฿26.04m |
Equity | ฿493.40m |
Total liabilities | ฿55.63m |
Total assets | ฿549.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTNC-R's short term assets (THB245.4M) exceed its short term liabilities (THB37.9M).
Long Term Liabilities: BTNC-R's short term assets (THB245.4M) exceed its long term liabilities (THB17.8M).
Debt to Equity History and Analysis
Debt Level: BTNC-R has more cash than its total debt.
Reducing Debt: BTNC-R's debt to equity ratio has reduced from 34.6% to 1.8% over the past 5 years.
Debt Coverage: BTNC-R's debt is well covered by operating cash flow (362.8%).
Interest Coverage: Insufficient data to determine if BTNC-R's interest payments on its debt are well covered by EBIT.