Energy Absolute Balance Sheet Health
Financial Health criteria checks 2/6
Energy Absolute has a total shareholder equity of THB40.3B and total debt of THB60.5B, which brings its debt-to-equity ratio to 150.3%. Its total assets and total liabilities are THB108.8B and THB68.5B respectively. Energy Absolute's EBIT is THB4.7B making its interest coverage ratio 2. It has cash and short-term investments of THB376.7M.
Key information
150.3%
Debt to equity ratio
฿60.54b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿376.70m |
| Equity | ฿40.28b |
| Total liabilities | ฿68.50b |
| Total assets | ฿108.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EA's short term assets (THB23.8B) exceed its short term liabilities (THB20.7B).
Long Term Liabilities: EA's short term assets (THB23.8B) do not cover its long term liabilities (THB47.8B).
Debt to Equity History and Analysis
Debt Level: EA's net debt to equity ratio (149.4%) is considered high.
Reducing Debt: EA's debt to equity ratio has reduced from 175.5% to 150.3% over the past 5 years.
Debt Coverage: EA's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: EA's interest payments on its debt are not well covered by EBIT (2x coverage).