Airports of Thailand Balance Sheet Health
Financial Health criteria checks 5/6
Airports of Thailand has a total shareholder equity of THB117.6B and total debt of THB6.5B, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are THB195.7B and THB78.2B respectively. Airports of Thailand's EBIT is THB24.9B making its interest coverage ratio 9. It has cash and short-term investments of THB5.1B.
Key information
5.5%
Debt to equity ratio
฿6.49b
Debt
Interest coverage ratio | 9x |
Cash | ฿5.13b |
Equity | ฿117.57b |
Total liabilities | ฿78.16b |
Total assets | ฿195.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOT-R's short term assets (THB22.4B) exceed its short term liabilities (THB21.2B).
Long Term Liabilities: AOT-R's short term assets (THB22.4B) do not cover its long term liabilities (THB57.0B).
Debt to Equity History and Analysis
Debt Level: AOT-R's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: AOT-R's debt to equity ratio has reduced from 12.2% to 5.5% over the past 5 years.
Debt Coverage: AOT-R's debt is well covered by operating cash flow (408.5%).
Interest Coverage: AOT-R's interest payments on its debt are well covered by EBIT (9x coverage).