Airports of Thailand Balance Sheet Health
Financial Health criteria checks 5/6
Airports of Thailand has a total shareholder equity of THB122.1B and total debt of THB3.0B, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are THB198.5B and THB76.5B respectively. Airports of Thailand's EBIT is THB26.5B making its interest coverage ratio 9.7. It has cash and short-term investments of THB9.9B.
Key information
2.4%
Debt to equity ratio
฿2.96b
Debt
| Interest coverage ratio | 9.7x |
| Cash | ฿9.85b |
| Equity | ฿122.07b |
| Total liabilities | ฿76.47b |
| Total assets | ฿198.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOT-R's short term assets (THB26.5B) exceed its short term liabilities (THB19.8B).
Long Term Liabilities: AOT-R's short term assets (THB26.5B) do not cover its long term liabilities (THB56.7B).
Debt to Equity History and Analysis
Debt Level: AOT-R has more cash than its total debt.
Reducing Debt: AOT-R's debt to equity ratio has reduced from 11.3% to 2.4% over the past 5 years.
Debt Coverage: AOT-R's debt is well covered by operating cash flow (1120.9%).
Interest Coverage: AOT-R's interest payments on its debt are well covered by EBIT (9.7x coverage).