Millennium Group Corporation (Asia) Balance Sheet Health
Financial Health criteria checks 2/6
Millennium Group (Asia) has a total shareholder equity of THB3.8B and total debt of THB3.4B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are THB14.6B and THB10.9B respectively. Millennium Group (Asia)'s EBIT is THB580.2M making its interest coverage ratio 1.4. It has cash and short-term investments of THB836.3M.
Key information
91.1%
Debt to equity ratio
฿3.43b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿836.31m |
| Equity | ฿3.77b |
| Total liabilities | ฿10.88b |
| Total assets | ฿14.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGC's short term assets (THB5.8B) do not cover its short term liabilities (THB6.9B).
Long Term Liabilities: MGC's short term assets (THB5.8B) exceed its long term liabilities (THB4.0B).
Debt to Equity History and Analysis
Debt Level: MGC's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: Insufficient data to determine if MGC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MGC's debt is well covered by operating cash flow (70.5%).
Interest Coverage: MGC's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:02 |
| 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 |
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| 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
Millennium Group Corporation (Asia) Public Company Limited is covered by 5 analysts. 2 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 |
|---|---|
| Wikij Tirawannarat | Bualuang Securities PCL |
| Napon Jaisan | Bualuang Securities PCL |
| Monchai Mokaranuraksa | Tisco Securities Co. Ltd. |