Chic Republic Balance Sheet Health
Financial Health criteria checks 4/6
Chic Republic has a total shareholder equity of THB849.3M and total debt of THB210.5M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are THB1.6B and THB765.6M respectively. Chic Republic's EBIT is THB51.8M making its interest coverage ratio 2. It has cash and short-term investments of THB96.2M.
Key information
24.8%
Debt to equity ratio
฿210.47m
Debt
Interest coverage ratio | 2x |
Cash | ฿96.25m |
Equity | ฿849.30m |
Total liabilities | ฿765.57m |
Total assets | ฿1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHIC's short term assets (THB358.5M) exceed its short term liabilities (THB337.2M).
Long Term Liabilities: CHIC's short term assets (THB358.5M) do not cover its long term liabilities (THB428.4M).
Debt to Equity History and Analysis
Debt Level: CHIC's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: CHIC's debt to equity ratio has reduced from 68.6% to 24.8% over the past 5 years.
Debt Coverage: CHIC's debt is well covered by operating cash flow (57.8%).
Interest Coverage: CHIC's interest payments on its debt are not well covered by EBIT (2x coverage).