Thaicom Balance Sheet Health
Financial Health criteria checks 6/6
Thaicom has a total shareholder equity of THB9.9B and total debt of THB770.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are THB14.0B and THB4.1B respectively. Thaicom's EBIT is THB105.1M making its interest coverage ratio -0.5. It has cash and short-term investments of THB3.1B.
Key information
7.8%
Debt to equity ratio
฿770.87m
Debt
| Interest coverage ratio | -0.5x |
| Cash | ฿3.13b |
| Equity | ฿9.89b |
| Total liabilities | ฿4.08b |
| Total assets | ฿13.96b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THCOM's short term assets (THB4.4B) exceed its short term liabilities (THB1.7B).
Long Term Liabilities: THCOM's short term assets (THB4.4B) exceed its long term liabilities (THB2.3B).
Debt to Equity History and Analysis
Debt Level: THCOM has more cash than its total debt.
Reducing Debt: THCOM's debt to equity ratio has reduced from 50.6% to 7.8% over the past 5 years.
Debt Coverage: THCOM's debt is well covered by operating cash flow (69.9%).
Interest Coverage: THCOM earns more interest than it pays, so coverage of interest payments is not a concern.