CK Power Balance Sheet Health
Financial Health criteria checks 2/6
CK Power has a total shareholder equity of THB37.9B and total debt of THB28.0B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are THB67.9B and THB30.0B respectively. CK Power's EBIT is THB2.3B making its interest coverage ratio 2.2. It has cash and short-term investments of THB6.9B.
Key information
73.9%
Debt to equity ratio
฿28.05b
Debt
Interest coverage ratio | 2.2x |
Cash | ฿6.92b |
Equity | ฿37.94b |
Total liabilities | ฿30.00b |
Total assets | ฿67.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CKP-R's short term assets (THB10.1B) exceed its short term liabilities (THB7.3B).
Long Term Liabilities: CKP-R's short term assets (THB10.1B) do not cover its long term liabilities (THB22.7B).
Debt to Equity History and Analysis
Debt Level: CKP-R's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: CKP-R's debt to equity ratio has reduced from 90.6% to 73.9% over the past 5 years.
Debt Coverage: CKP-R's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: CKP-R's interest payments on its debt are not well covered by EBIT (2.2x coverage).