Information and Communication Networks Balance Sheet Health
Financial Health criteria checks 5/6
Information and Communication Networks has a total shareholder equity of THB902.8M and total debt of THB65.8M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are THB2.0B and THB1.1B respectively. Information and Communication Networks's EBIT is THB215.1M making its interest coverage ratio 171.3. It has cash and short-term investments of THB186.1M.
Key information
7.3%
Debt to equity ratio
฿65.84m
Debt
| Interest coverage ratio | 171.3x |
| Cash | ฿186.09m |
| Equity | ฿902.77m |
| Total liabilities | ฿1.07b |
| Total assets | ฿1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICN's short term assets (THB1.3B) exceed its short term liabilities (THB980.0M).
Long Term Liabilities: ICN's short term assets (THB1.3B) exceed its long term liabilities (THB93.4M).
Debt to Equity History and Analysis
Debt Level: ICN has more cash than its total debt.
Reducing Debt: ICN's debt to equity ratio has increased from 3.5% to 7.3% over the past 5 years.
Debt Coverage: ICN's debt is well covered by operating cash flow (1271.8%).
Interest Coverage: ICN's interest payments on its debt are well covered by EBIT (171.3x coverage).