Triple i Logistics Public Company Limited

SET:III-R Stock Report

Market Cap: ฿5.1b

Triple i Logistics Balance Sheet Health

Financial Health criteria checks 4/6

Triple i Logistics has a total shareholder equity of THB3.8B and total debt of THB577.8M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are THB4.8B and THB1.0B respectively. Triple i Logistics's EBIT is THB83.7M making its interest coverage ratio 2.8. It has cash and short-term investments of THB123.8M.

Key information

15.1%

Debt to equity ratio

฿577.79m

Debt

Interest coverage ratio2.8x
Cash฿123.78m
Equity฿3.82b
Total liabilities฿1.02b
Total assets฿4.83b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: III-R's short term assets (THB631.6M) do not cover its short term liabilities (THB715.7M).

Long Term Liabilities: III-R's short term assets (THB631.6M) exceed its long term liabilities (THB303.2M).


Debt to Equity History and Analysis

Debt Level: III-R's net debt to equity ratio (11.9%) is considered satisfactory.

Reducing Debt: III-R's debt to equity ratio has reduced from 25% to 15.1% over the past 5 years.

Debt Coverage: III-R's debt is well covered by operating cash flow (25.6%).

Interest Coverage: III-R's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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