KCE Electronics Balance Sheet Health
Financial Health criteria checks 6/6
KCE Electronics has a total shareholder equity of THB13.7B and total debt of THB2.2B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are THB19.2B and THB5.4B respectively. KCE Electronics's EBIT is THB1.6B making its interest coverage ratio 15.7. It has cash and short-term investments of THB1.8B.
Key information
16.1%
Debt to equity ratio
฿2.21b
Debt
Interest coverage ratio | 15.7x |
Cash | ฿1.77b |
Equity | ฿13.75b |
Total liabilities | ฿5.44b |
Total assets | ฿19.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCE's short term assets (THB10.1B) exceed its short term liabilities (THB4.6B).
Long Term Liabilities: KCE's short term assets (THB10.1B) exceed its long term liabilities (THB882.1M).
Debt to Equity History and Analysis
Debt Level: KCE's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: KCE's debt to equity ratio has reduced from 25.2% to 16.1% over the past 5 years.
Debt Coverage: KCE's debt is well covered by operating cash flow (190.8%).
Interest Coverage: KCE's interest payments on its debt are well covered by EBIT (15.7x coverage).