Central Retail Corporation Balance Sheet Health
Financial Health criteria checks 2/6
Central Retail has a total shareholder equity of THB69.5B and total debt of THB93.4B, which brings its debt-to-equity ratio to 134.4%. Its total assets and total liabilities are THB283.4B and THB213.9B respectively. Central Retail's EBIT is THB15.6B making its interest coverage ratio 3.3. It has cash and short-term investments of THB7.2B.
Key information
134.4%
Debt to equity ratio
฿93.45b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ฿7.21b |
| Equity | ฿69.52b |
| Total liabilities | ฿213.90b |
| Total assets | ฿283.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRC-R's short term assets (THB70.2B) do not cover its short term liabilities (THB120.2B).
Long Term Liabilities: CRC-R's short term assets (THB70.2B) do not cover its long term liabilities (THB93.7B).
Debt to Equity History and Analysis
Debt Level: CRC-R's net debt to equity ratio (124.1%) is considered high.
Reducing Debt: CRC-R's debt to equity ratio has increased from 77.7% to 134.4% over the past 5 years.
Debt Coverage: CRC-R's debt is well covered by operating cash flow (31.1%).
Interest Coverage: CRC-R's interest payments on its debt are well covered by EBIT (3.3x coverage).