G-Able Balance Sheet Health
Financial Health criteria checks 6/6
G-Able has a total shareholder equity of THB2.2B and total debt of THB200.0M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are THB4.8B and THB2.6B respectively. G-Able's EBIT is THB300.8M making its interest coverage ratio 53.1. It has cash and short-term investments of THB1.3B.
Key information
9.1%
Debt to equity ratio
฿200.00m
Debt
Interest coverage ratio | 53.1x |
Cash | ฿1.30b |
Equity | ฿2.20b |
Total liabilities | ฿2.63b |
Total assets | ฿4.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GABLE's short term assets (THB4.3B) exceed its short term liabilities (THB2.4B).
Long Term Liabilities: GABLE's short term assets (THB4.3B) exceed its long term liabilities (THB267.8M).
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 (212.4%).
Interest Coverage: GABLE's interest payments on its debt are well covered by EBIT (53.1x coverage).