TVD Holdings Balance Sheet Health
Financial Health criteria checks 4/6
TVD Holdings has a total shareholder equity of THB635.4M and total debt of THB178.1M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are THB1.4B and THB813.7M respectively.
Key information
28.0%
Debt to equity ratio
฿178.05m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿36.98m |
| Equity | ฿635.39m |
| Total liabilities | ฿813.69m |
| Total assets | ฿1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVDH-W3-R's short term assets (THB202.8M) do not cover its short term liabilities (THB693.4M).
Long Term Liabilities: TVDH-W3-R's short term assets (THB202.8M) exceed its long term liabilities (THB120.3M).
Debt to Equity History and Analysis
Debt Level: TVDH-W3-R's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: TVDH-W3-R's debt to equity ratio has increased from 13.4% to 28% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TVDH-W3-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TVDH-W3-R is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.4% per year.