nForce Secure Balance Sheet Health
Financial Health criteria checks 6/6
nForce Secure has a total shareholder equity of THB672.7M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB909.8M and THB237.1M respectively. nForce Secure's EBIT is THB110.6M making its interest coverage ratio -32.3. It has cash and short-term investments of THB470.6M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -32.3x |
| Cash | ฿470.57m |
| Equity | ฿672.69m |
| Total liabilities | ฿237.06m |
| Total assets | ฿909.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SECURE's short term assets (THB792.3M) exceed its short term liabilities (THB195.5M).
Long Term Liabilities: SECURE's short term assets (THB792.3M) exceed its long term liabilities (THB41.6M).
Debt to Equity History and Analysis
Debt Level: SECURE is debt free.
Reducing Debt: SECURE has no debt compared to 5 years ago when its debt to equity ratio was 38.4%.
Debt Coverage: SECURE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SECURE has no debt, therefore coverage of interest payments is not a concern.