KEX Express (Thailand) Balance Sheet Health
Financial Health criteria checks 3/6
KEX Express (Thailand) has a total shareholder equity of THB348.4M and total debt of THB3.6B, which brings its debt-to-equity ratio to 1043.4%. Its total assets and total liabilities are THB8.3B and THB8.0B respectively.
Key information
1,043.4%
Debt to equity ratio
฿3.64b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿513.28m |
| Equity | ฿348.38m |
| Total liabilities | ฿7.95b |
| Total assets | ฿8.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEX's short term assets (THB2.3B) do not cover its short term liabilities (THB7.1B).
Long Term Liabilities: KEX's short term assets (THB2.3B) exceed its long term liabilities (THB852.5M).
Debt to Equity History and Analysis
Debt Level: KEX's net debt to equity ratio (896.1%) is considered high.
Reducing Debt: KEX's debt to equity ratio has increased from 26.8% to 1043.4% 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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KEX is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.