KEX Express (Thailand) Public Company Limited

SET:KEX-R Stock Report

Market Cap: ฿8.0b

KEX Express (Thailand) Balance Sheet Health

Financial Health criteria checks 5/6

KEX Express (Thailand) has a total shareholder equity of THB4.9B and total debt of THB3.5B, which brings its debt-to-equity ratio to 71.7%. Its total assets and total liabilities are THB12.5B and THB7.5B respectively.

Key information

71.7%

Debt to equity ratio

฿3.53b

Debt

Interest coverage ration/a
Cash฿5.17b
Equity฿4.93b
Total liabilities฿7.53b
Total assets฿12.46b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: KEX-R's short term assets (THB6.8B) exceed its short term liabilities (THB6.8B).

Long Term Liabilities: KEX-R's short term assets (THB6.8B) exceed its long term liabilities (THB774.4M).


Debt to Equity History and Analysis

Debt Level: KEX-R has more cash than its total debt.

Reducing Debt: KEX-R's debt to equity ratio has increased from 31.7% to 71.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KEX-R has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KEX-R has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 54% each year


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