Newcity (Bangkok) Balance Sheet Health
Financial Health criteria checks 5/6
Newcity (Bangkok) has a total shareholder equity of THB472.9M and total debt of THB170.4M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are THB797.6M and THB324.7M respectively. Newcity (Bangkok)'s EBIT is THB8.2M making its interest coverage ratio 307.7. It has cash and short-term investments of THB49.4M.
Key information
36.0%
Debt to equity ratio
฿170.44m
Debt
| Interest coverage ratio | 307.7x |
| Cash | ฿49.35m |
| Equity | ฿472.90m |
| Total liabilities | ฿324.75m |
| Total assets | ฿797.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NC-F's short term assets (THB458.3M) exceed its short term liabilities (THB258.6M).
Long Term Liabilities: NC-F's short term assets (THB458.3M) exceed its long term liabilities (THB66.2M).
Debt to Equity History and Analysis
Debt Level: NC-F's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: NC-F's debt to equity ratio has reduced from 38% to 36% over the past 5 years.
Debt Coverage: NC-F's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: NC-F's interest payments on its debt are well covered by EBIT (307.7x coverage).