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 THB413.4M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are THB4.6B and THB878.5M respectively. Triple i Logistics's EBIT is THB75.3M making its interest coverage ratio 2.5. It has cash and short-term investments of THB310.2M.
Key information
11.0%
Debt to equity ratio
฿413.43m
Debt
Interest coverage ratio | 2.5x |
Cash | ฿310.24m |
Equity | ฿3.76b |
Total liabilities | ฿878.49m |
Total assets | ฿4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: III's short term assets (THB730.9M) exceed its short term liabilities (THB520.4M).
Long Term Liabilities: III's short term assets (THB730.9M) exceed its long term liabilities (THB358.1M).
Debt to Equity History and Analysis
Debt Level: III's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: III's debt to equity ratio has increased from 0.2% to 11% over the past 5 years.
Debt Coverage: III's debt is well covered by operating cash flow (23.2%).
Interest Coverage: III's interest payments on its debt are not well covered by EBIT (2.5x coverage).