IT City Balance Sheet Health
Financial Health criteria checks 2/6
IT City has a total shareholder equity of THB1.2B and total debt of THB921.7M, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are THB3.6B and THB2.4B respectively. IT City's EBIT is THB190.3M making its interest coverage ratio 2.9. It has cash and short-term investments of THB125.1M.
Key information
77.4%
Debt to equity ratio
฿921.71m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ฿125.06m |
| Equity | ฿1.19b |
| Total liabilities | ฿2.44b |
| Total assets | ฿3.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IT's short term assets (THB2.0B) do not cover its short term liabilities (THB2.1B).
Long Term Liabilities: IT's short term assets (THB2.0B) exceed its long term liabilities (THB368.7M).
Debt to Equity History and Analysis
Debt Level: IT's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: IT's debt to equity ratio has increased from 12.2% to 77.4% over the past 5 years.
Debt Coverage: IT's debt is well covered by operating cash flow (64.1%).
Interest Coverage: IT's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IT City Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Suchot Tirawannarat | Globlex Securities Co. Ltd. |
| Sunthorn Thongthip | Krungsri Securities Public Company Limited |