Kerry Express (Thailand) Balance Sheet Health
Financial Health criteria checks 2/6
Kerry Express (Thailand) has a total shareholder equity of THB2.6B and total debt of THB1.6B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are THB9.1B and THB6.4B respectively.
Key information
62.1%
Debt to equity ratio
฿1.64b
Debt
Interest coverage ratio | n/a |
Cash | ฿736.33m |
Equity | ฿2.64b |
Total liabilities | ฿6.41b |
Total assets | ฿9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEX's short term assets (THB2.2B) do not cover its short term liabilities (THB5.4B).
Long Term Liabilities: KEX's short term assets (THB2.2B) exceed its long term liabilities (THB995.0M).
Debt to Equity History and Analysis
Debt Level: KEX's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: KEX's debt to equity ratio has increased from 13.4% to 62.1% 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 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42% each year