Don Muang Tollway Balance Sheet Health
Financial Health criteria checks 5/6
Don Muang Tollway has a total shareholder equity of THB8.5B and total debt of THB800.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are THB10.0B and THB1.5B respectively. Don Muang Tollway's EBIT is THB1.2B making its interest coverage ratio -380.5. It has cash and short-term investments of THB412.5M.
Key information
9.4%
Debt to equity ratio
฿800.00m
Debt
Interest coverage ratio | -380.5x |
Cash | ฿412.50m |
Equity | ฿8.50b |
Total liabilities | ฿1.53b |
Total assets | ฿10.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMT's short term assets (THB449.1M) do not cover its short term liabilities (THB1.2B).
Long Term Liabilities: DMT's short term assets (THB449.1M) exceed its long term liabilities (THB364.5M).
Debt to Equity History and Analysis
Debt Level: DMT's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: DMT's debt to equity ratio has reduced from 73.5% to 9.4% over the past 5 years.
Debt Coverage: DMT's debt is well covered by operating cash flow (191.4%).
Interest Coverage: DMT earns more interest than it pays, so coverage of interest payments is not a concern.