TVD Holdings Balance Sheet Health
Financial Health criteria checks 4/6
TVD Holdings has a total shareholder equity of THB641.3M and total debt of THB234.3M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are THB1.5B and THB837.9M respectively.
Key information
36.5%
Debt to equity ratio
฿234.35m
Debt
Interest coverage ratio | n/a |
Cash | ฿70.43m |
Equity | ฿641.29m |
Total liabilities | ฿837.95m |
Total assets | ฿1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVDH's short term assets (THB226.4M) do not cover its short term liabilities (THB718.1M).
Long Term Liabilities: TVDH's short term assets (THB226.4M) exceed its long term liabilities (THB119.8M).
Debt to Equity History and Analysis
Debt Level: TVDH's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: TVDH's debt to equity ratio has increased from 24.2% to 36.5% 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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TVDH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 44.7% per year.