Tanachira Retail Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Tanachira Retail has a total shareholder equity of THB1.5B and total debt of THB151.9M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are THB2.3B and THB753.2M respectively. Tanachira Retail's EBIT is THB255.6M making its interest coverage ratio 5.5. It has cash and short-term investments of THB160.9M.
Key information
9.8%
Debt to equity ratio
฿151.92m
Debt
Interest coverage ratio | 5.5x |
Cash | ฿160.94m |
Equity | ฿1.55b |
Total liabilities | ฿753.19m |
Total assets | ฿2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAN-R's short term assets (THB816.0M) exceed its short term liabilities (THB493.2M).
Long Term Liabilities: TAN-R's short term assets (THB816.0M) exceed its long term liabilities (THB260.0M).
Debt to Equity History and Analysis
Debt Level: TAN-R has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TAN-R's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TAN-R's debt is well covered by operating cash flow (157.8%).
Interest Coverage: TAN-R's interest payments on its debt are well covered by EBIT (5.5x coverage).