Information and Communication Networks Balance Sheet Health
Financial Health criteria checks 6/6
Information and Communication Networks has a total shareholder equity of THB939.3M and total debt of THB56.0M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are THB2.0B and THB1.1B respectively. Information and Communication Networks's EBIT is THB153.5M making its interest coverage ratio 138.7. It has cash and short-term investments of THB345.0M.
Key information
6.0%
Debt to equity ratio
฿55.98m
Debt
| Interest coverage ratio | 138.7x |
| Cash | ฿345.00m |
| Equity | ฿939.27m |
| Total liabilities | ฿1.07b |
| Total assets | ฿2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICN-R's short term assets (THB1.4B) exceed its short term liabilities (THB945.0M).
Long Term Liabilities: ICN-R's short term assets (THB1.4B) exceed its long term liabilities (THB126.8M).
Debt to Equity History and Analysis
Debt Level: ICN-R has more cash than its total debt.
Reducing Debt: ICN-R's debt to equity ratio has reduced from 12.4% to 6% over the past 5 years.
Debt Coverage: ICN-R's debt is well covered by operating cash flow (1563.6%).
Interest Coverage: ICN-R's interest payments on its debt are well covered by EBIT (138.7x coverage).