KCE Electronics Balance Sheet Health
Financial Health criteria checks 6/6
KCE Electronics has a total shareholder equity of THB13.3B and total debt of THB3.1B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are THB19.8B and THB6.6B respectively. KCE Electronics's EBIT is THB1.6B making its interest coverage ratio 15.8. It has cash and short-term investments of THB1.5B.
Key information
23.2%
Debt to equity ratio
฿3.08b
Debt
Interest coverage ratio | 15.8x |
Cash | ฿1.50b |
Equity | ฿13.28b |
Total liabilities | ฿6.56b |
Total assets | ฿19.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCE-F's short term assets (THB10.5B) exceed its short term liabilities (THB5.6B).
Long Term Liabilities: KCE-F's short term assets (THB10.5B) exceed its long term liabilities (THB945.8M).
Debt to Equity History and Analysis
Debt Level: KCE-F's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: KCE-F's debt to equity ratio has reduced from 31.3% to 23.2% over the past 5 years.
Debt Coverage: KCE-F's debt is well covered by operating cash flow (114.8%).
Interest Coverage: KCE-F's interest payments on its debt are well covered by EBIT (15.8x coverage).