Thaicom Balance Sheet Health
Financial Health criteria checks 6/6
Thaicom has a total shareholder equity of THB10.2B and total debt of THB431.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are THB14.2B and THB3.9B respectively. Thaicom's EBIT is THB581.4M making its interest coverage ratio -3.9. It has cash and short-term investments of THB4.4B.
Key information
4.2%
Debt to equity ratio
฿431.00m
Debt
| Interest coverage ratio | -3.9x |
| Cash | ฿4.36b |
| Equity | ฿10.23b |
| Total liabilities | ฿3.93b |
| Total assets | ฿14.16b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THCOM's short term assets (THB5.6B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: THCOM's short term assets (THB5.6B) exceed its long term liabilities (THB2.5B).
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 53.3% to 4.2% over the past 5 years.
Debt Coverage: THCOM's debt is well covered by operating cash flow (233.6%).
Interest Coverage: THCOM earns more interest than it pays, so coverage of interest payments is not a concern.