ALT Telecom Balance Sheet Health
Financial Health criteria checks 4/6
ALT Telecom has a total shareholder equity of THB1.6B and total debt of THB491.1M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are THB3.7B and THB2.1B respectively. ALT Telecom's EBIT is THB31.9M making its interest coverage ratio 1.7. It has cash and short-term investments of THB234.0M.
Key information
30.3%
Debt to equity ratio
฿491.09m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ฿233.99m |
| Equity | ฿1.62b |
| Total liabilities | ฿2.12b |
| Total assets | ฿3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALT's short term assets (THB1.1B) exceed its short term liabilities (THB944.4M).
Long Term Liabilities: ALT's short term assets (THB1.1B) do not cover its long term liabilities (THB1.2B).
Debt to Equity History and Analysis
Debt Level: ALT's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: ALT's debt to equity ratio has reduced from 71.7% to 30.3% over the past 5 years.
Debt Coverage: ALT's debt is well covered by operating cash flow (125.5%).
Interest Coverage: ALT's interest payments on its debt are not well covered by EBIT (1.7x coverage).