Jasmine Technology Solution Balance Sheet Health
Financial Health criteria checks 3/6
Jasmine Technology Solution has a total shareholder equity of THB530.8M and total debt of THB809.7M, which brings its debt-to-equity ratio to 152.5%. Its total assets and total liabilities are THB2.3B and THB1.8B respectively. Jasmine Technology Solution's EBIT is THB352.2M making its interest coverage ratio 3.8. It has cash and short-term investments of THB351.0M.
Key information
152.5%
Debt to equity ratio
฿809.73m
Debt
Interest coverage ratio | 3.8x |
Cash | ฿351.03m |
Equity | ฿530.82m |
Total liabilities | ฿1.78b |
Total assets | ฿2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JTS's short term assets (THB905.7M) exceed its short term liabilities (THB808.3M).
Long Term Liabilities: JTS's short term assets (THB905.7M) do not cover its long term liabilities (THB973.4M).
Debt to Equity History and Analysis
Debt Level: JTS's net debt to equity ratio (86.4%) is considered high.
Reducing Debt: JTS's debt to equity ratio has increased from 0% to 152.5% over the past 5 years.
Debt Coverage: JTS's debt is well covered by operating cash flow (62.1%).
Interest Coverage: JTS's interest payments on its debt are well covered by EBIT (3.8x coverage).