Central Retail Corporation Balance Sheet Health
Financial Health criteria checks 2/6
Central Retail has a total shareholder equity of THB75.6B and total debt of THB82.9B, which brings its debt-to-equity ratio to 109.7%. Its total assets and total liabilities are THB285.6B and THB210.0B respectively. Central Retail's EBIT is THB13.6B making its interest coverage ratio 3.1. It has cash and short-term investments of THB11.2B.
Key information
109.7%
Debt to equity ratio
฿82.94b
Debt
Interest coverage ratio | 3.1x |
Cash | ฿11.21b |
Equity | ฿75.61b |
Total liabilities | ฿209.95b |
Total assets | ฿285.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRC-R's short term assets (THB74.4B) do not cover its short term liabilities (THB111.9B).
Long Term Liabilities: CRC-R's short term assets (THB74.4B) do not cover its long term liabilities (THB98.1B).
Debt to Equity History and Analysis
Debt Level: CRC-R's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: CRC-R's debt to equity ratio has increased from 62.7% to 109.7% over the past 5 years.
Debt Coverage: CRC-R's debt is well covered by operating cash flow (33.4%).
Interest Coverage: CRC-R's interest payments on its debt are well covered by EBIT (3.1x coverage).