Gunkul Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Gunkul Engineering has a total shareholder equity of THB14.0B and total debt of THB16.2B, which brings its debt-to-equity ratio to 115.9%. Its total assets and total liabilities are THB34.2B and THB20.2B respectively. Gunkul Engineering's EBIT is THB1.4B making its interest coverage ratio 2.2. It has cash and short-term investments of THB1.3B.
Key information
115.9%
Debt to equity ratio
฿16.17b
Debt
Interest coverage ratio | 2.2x |
Cash | ฿1.30b |
Equity | ฿13.95b |
Total liabilities | ฿20.21b |
Total assets | ฿34.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUNKUL-R's short term assets (THB7.9B) exceed its short term liabilities (THB6.9B).
Long Term Liabilities: GUNKUL-R's short term assets (THB7.9B) do not cover its long term liabilities (THB13.3B).
Debt to Equity History and Analysis
Debt Level: GUNKUL-R's net debt to equity ratio (106.6%) is considered high.
Reducing Debt: GUNKUL-R's debt to equity ratio has reduced from 238.3% to 115.9% over the past 5 years.
Debt Coverage: GUNKUL-R's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: GUNKUL-R's interest payments on its debt are not well covered by EBIT (2.2x coverage).