Energy Absolute Balance Sheet Health
Financial Health criteria checks 3/6
Energy Absolute has a total shareholder equity of THB44.0B and total debt of THB62.8B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are THB114.2B and THB70.2B respectively. Energy Absolute's EBIT is THB9.0B making its interest coverage ratio 4.6. It has cash and short-term investments of THB2.5B.
Key information
142.7%
Debt to equity ratio
฿62.81b
Debt
Interest coverage ratio | 4.6x |
Cash | ฿2.46b |
Equity | ฿44.01b |
Total liabilities | ฿70.22b |
Total assets | ฿114.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EA's short term assets (THB24.4B) exceed its short term liabilities (THB24.4B).
Long Term Liabilities: EA's short term assets (THB24.4B) do not cover its long term liabilities (THB45.8B).
Debt to Equity History and Analysis
Debt Level: EA's net debt to equity ratio (137.1%) is considered high.
Reducing Debt: EA's debt to equity ratio has reduced from 149.7% to 142.7% over the past 5 years.
Debt Coverage: EA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EA's interest payments on its debt are well covered by EBIT (4.6x coverage).