Ama Marine Balance Sheet Health
Financial Health criteria checks 5/6
Ama Marine has a total shareholder equity of THB3.2B and total debt of THB708.7M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are THB4.7B and THB1.6B respectively. Ama Marine's EBIT is THB375.0M making its interest coverage ratio 6.2. It has cash and short-term investments of THB394.9M.
Key information
22.4%
Debt to equity ratio
฿708.71m
Debt
| Interest coverage ratio | 6.2x |
| Cash | ฿394.87m |
| Equity | ฿3.16b |
| Total liabilities | ฿1.59b |
| Total assets | ฿4.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMA-R's short term assets (THB798.7M) exceed its short term liabilities (THB784.9M).
Long Term Liabilities: AMA-R's short term assets (THB798.7M) do not cover its long term liabilities (THB804.3M).
Debt to Equity History and Analysis
Debt Level: AMA-R's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: AMA-R's debt to equity ratio has reduced from 43.8% to 22.4% over the past 5 years.
Debt Coverage: AMA-R's debt is well covered by operating cash flow (89.1%).
Interest Coverage: AMA-R's interest payments on its debt are well covered by EBIT (6.2x coverage).