Chic Republic Balance Sheet Health
Financial Health criteria checks 4/6
Chic Republic has a total shareholder equity of THB852.5M and total debt of THB211.2M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are THB1.6B and THB756.9M respectively. Chic Republic's EBIT is THB60.4M making its interest coverage ratio 2.4. It has cash and short-term investments of THB103.1M.
Key information
24.8%
Debt to equity ratio
฿211.22m
Debt
Interest coverage ratio | 2.4x |
Cash | ฿103.07m |
Equity | ฿852.54m |
Total liabilities | ฿756.86m |
Total assets | ฿1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHIC-R's short term assets (THB334.4M) exceed its short term liabilities (THB306.5M).
Long Term Liabilities: CHIC-R's short term assets (THB334.4M) do not cover its long term liabilities (THB450.4M).
Debt to Equity History and Analysis
Debt Level: CHIC-R's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: CHIC-R's debt to equity ratio has reduced from 71.3% to 24.8% over the past 5 years.
Debt Coverage: CHIC-R's debt is well covered by operating cash flow (50.1%).
Interest Coverage: CHIC-R's interest payments on its debt are not well covered by EBIT (2.4x coverage).