Jasmine Technology Solution Balance Sheet Health
Financial Health criteria checks 4/6
Jasmine Technology Solution has a total shareholder equity of THB982.3M and total debt of THB1.1B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are THB3.2B and THB2.2B respectively. Jasmine Technology Solution's EBIT is THB872.6M making its interest coverage ratio 11.6. It has cash and short-term investments of THB1.0B.
Key information
115.1%
Debt to equity ratio
฿1.13b
Debt
| Interest coverage ratio | 11.6x |
| Cash | ฿1.04b |
| Equity | ฿982.26m |
| Total liabilities | ฿2.17b |
| Total assets | ฿3.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JTS-R's short term assets (THB1.6B) do not cover its short term liabilities (THB2.0B).
Long Term Liabilities: JTS-R's short term assets (THB1.6B) exceed its long term liabilities (THB162.4M).
Debt to Equity History and Analysis
Debt Level: JTS-R's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: JTS-R's debt to equity ratio has increased from 0% to 115.1% over the past 5 years.
Debt Coverage: JTS-R's debt is well covered by operating cash flow (72.2%).
Interest Coverage: JTS-R's interest payments on its debt are well covered by EBIT (11.6x coverage).