Central Retail Corporation Balance Sheet Health
Financial Health criteria checks 2/6
Central Retail has a total shareholder equity of THB70.3B and total debt of THB84.1B, which brings its debt-to-equity ratio to 119.7%. Its total assets and total liabilities are THB287.1B and THB216.8B respectively. Central Retail's EBIT is THB13.4B making its interest coverage ratio 3.1. It has cash and short-term investments of THB14.8B.
Key information
119.7%
Debt to equity ratio
฿84.12b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ฿14.81b |
| Equity | ฿70.26b |
| Total liabilities | ฿216.84b |
| Total assets | ฿287.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRC-F's short term assets (THB80.0B) do not cover its short term liabilities (THB118.5B).
Long Term Liabilities: CRC-F's short term assets (THB80.0B) do not cover its long term liabilities (THB98.3B).
Debt to Equity History and Analysis
Debt Level: CRC-F's net debt to equity ratio (98.6%) is considered high.
Reducing Debt: CRC-F's debt to equity ratio has increased from 62.6% to 119.7% over the past 5 years.
Debt Coverage: CRC-F's debt is well covered by operating cash flow (32.7%).
Interest Coverage: CRC-F's interest payments on its debt are well covered by EBIT (3.1x coverage).