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 ratio | 2.8x |
| 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).