G-Able Balance Sheet Health
Financial Health criteria checks 6/6
G-Able has a total shareholder equity of THB2.1B and total debt of THB200.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are THB5.6B and THB3.5B respectively. G-Able's EBIT is THB321.1M making its interest coverage ratio 321.6. It has cash and short-term investments of THB834.8M.
Key information
9.4%
Debt to equity ratio
฿200.00m
Debt
| Interest coverage ratio | 321.6x |
| Cash | ฿834.80m |
| Equity | ฿2.12b |
| Total liabilities | ฿3.51b |
| Total assets | ฿5.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GABLE's short term assets (THB4.8B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: GABLE's short term assets (THB4.8B) exceed its long term liabilities (THB282.4M).
Debt to Equity History and Analysis
Debt Level: GABLE has more cash than its total debt.
Reducing Debt: GABLE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: GABLE's debt is well covered by operating cash flow (124.9%).
Interest Coverage: GABLE's interest payments on its debt are well covered by EBIT (321.6x coverage).