Copperwired Balance Sheet Health
Financial Health criteria checks 5/6
Copperwired has a total shareholder equity of THB807.6M and total debt of THB400.6M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are THB2.1B and THB1.3B respectively. Copperwired's EBIT is THB153.6M making its interest coverage ratio 5.4. It has cash and short-term investments of THB134.5M.
Key information
49.6%
Debt to equity ratio
฿400.57m
Debt
| Interest coverage ratio | 5.4x |
| Cash | ฿134.48m |
| Equity | ฿807.56m |
| Total liabilities | ฿1.25b |
| Total assets | ฿2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPW-R's short term assets (THB1.2B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: CPW-R's short term assets (THB1.2B) exceed its long term liabilities (THB173.1M).
Debt to Equity History and Analysis
Debt Level: CPW-R's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: CPW-R's debt to equity ratio has increased from 0.5% to 49.6% over the past 5 years.
Debt Coverage: CPW-R's debt is well covered by operating cash flow (110.7%).
Interest Coverage: CPW-R's interest payments on its debt are well covered by EBIT (5.4x coverage).