Gunkul Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Gunkul Engineering has a total shareholder equity of THB13.5B and total debt of THB15.5B, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are THB33.0B and THB19.5B respectively. Gunkul Engineering's EBIT is THB1.3B making its interest coverage ratio 1.9. It has cash and short-term investments of THB1.1B.
Key information
114.9%
Debt to equity ratio
฿15.51b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ฿1.15b |
| Equity | ฿13.50b |
| Total liabilities | ฿19.49b |
| Total assets | ฿32.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUNKUL-R's short term assets (THB7.6B) exceed its short term liabilities (THB5.7B).
Long Term Liabilities: GUNKUL-R's short term assets (THB7.6B) do not cover its long term liabilities (THB13.8B).
Debt to Equity History and Analysis
Debt Level: GUNKUL-R's net debt to equity ratio (106.4%) is considered high.
Reducing Debt: GUNKUL-R's debt to equity ratio has reduced from 210% to 114.9% over the past 5 years.
Debt Coverage: GUNKUL-R's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: GUNKUL-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).