Ama Marine Balance Sheet Health
Financial Health criteria checks 4/6
Ama Marine has a total shareholder equity of THB2.8B and total debt of THB600.2M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are THB4.4B and THB1.6B respectively. Ama Marine's EBIT is THB385.4M making its interest coverage ratio 6.1. It has cash and short-term investments of THB289.3M.
Key information
21.1%
Debt to equity ratio
฿600.17m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ฿289.25m |
| Equity | ฿2.85b |
| Total liabilities | ฿1.58b |
| Total assets | ฿4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMA's short term assets (THB640.1M) do not cover its short term liabilities (THB736.8M).
Long Term Liabilities: AMA's short term assets (THB640.1M) do not cover its long term liabilities (THB844.7M).
Debt to Equity History and Analysis
Debt Level: AMA's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: AMA's debt to equity ratio has reduced from 40.3% to 21.1% over the past 5 years.
Debt Coverage: AMA's debt is well covered by operating cash flow (109.3%).
Interest Coverage: AMA's interest payments on its debt are well covered by EBIT (6.1x coverage).