Newcity (Bangkok) Balance Sheet Health
Financial Health criteria checks 4/6
Newcity (Bangkok) has a total shareholder equity of THB471.8M and total debt of THB169.2M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are THB795.6M and THB323.9M respectively. Newcity (Bangkok)'s EBIT is THB14.0M making its interest coverage ratio 64. It has cash and short-term investments of THB44.9M.
Key information
35.9%
Debt to equity ratio
฿169.17m
Debt
| Interest coverage ratio | 64x |
| Cash | ฿44.86m |
| Equity | ฿471.76m |
| Total liabilities | ฿323.89m |
| Total assets | ฿795.65m |
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 (THB258.4M).
Long Term Liabilities: NC-F's short term assets (THB458.3M) exceed its long term liabilities (THB65.5M).
Debt to Equity History and Analysis
Debt Level: NC-F's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: NC-F's debt to equity ratio has increased from 33.5% to 35.9% 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 (64x coverage).