ATP 30 Balance Sheet Health
Financial Health criteria checks 2/6
ATP 30 has a total shareholder equity of THB516.5M and total debt of THB123.4M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are THB1.2B and THB686.9M respectively. ATP 30's EBIT is THB55.8M making its interest coverage ratio 2.8. It has cash and short-term investments of THB9.0M.
Key information
23.9%
Debt to equity ratio
฿123.42m
Debt
Interest coverage ratio | 2.8x |
Cash | ฿8.98m |
Equity | ฿516.48m |
Total liabilities | ฿686.86m |
Total assets | ฿1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATP30's short term assets (THB133.7M) do not cover its short term liabilities (THB255.6M).
Long Term Liabilities: ATP30's short term assets (THB133.7M) do not cover its long term liabilities (THB431.2M).
Debt to Equity History and Analysis
Debt Level: ATP30's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: ATP30's debt to equity ratio has increased from 1.9% to 23.9% over the past 5 years.
Debt Coverage: ATP30's debt is well covered by operating cash flow (110.9%).
Interest Coverage: ATP30's interest payments on its debt are not well covered by EBIT (2.8x coverage).