Energy Absolute Balance Sheet Health
Financial Health criteria checks 3/6
Energy Absolute has a total shareholder equity of THB43.6B and total debt of THB62.7B, which brings its debt-to-equity ratio to 143.9%. Its total assets and total liabilities are THB113.5B and THB69.9B respectively. Energy Absolute's EBIT is THB7.3B making its interest coverage ratio 3.5. It has cash and short-term investments of THB2.2B.
Key information
143.9%
Debt to equity ratio
฿62.74b
Debt
Interest coverage ratio | 3.5x |
Cash | ฿2.24b |
Equity | ฿43.61b |
Total liabilities | ฿69.85b |
Total assets | ฿113.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EA-R's short term assets (THB24.6B) exceed its short term liabilities (THB22.9B).
Long Term Liabilities: EA-R's short term assets (THB24.6B) do not cover its long term liabilities (THB47.0B).
Debt to Equity History and Analysis
Debt Level: EA-R's net debt to equity ratio (138.7%) is considered high.
Reducing Debt: EA-R's debt to equity ratio has reduced from 167.8% to 143.9% over the past 5 years.
Debt Coverage: EA-R's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: EA-R's interest payments on its debt are well covered by EBIT (3.5x coverage).