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 THB15.7B, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are THB33.9B and THB19.8B respectively. Gunkul Engineering's EBIT is THB1.6B making its interest coverage ratio 2.3. It has cash and short-term investments of THB1.5B.
Key information
112.1%
Debt to equity ratio
฿15.71b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ฿1.46b |
| Equity | ฿14.02b |
| Total liabilities | ฿19.84b |
| Total assets | ฿33.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUNKUL's short term assets (THB8.0B) exceed its short term liabilities (THB7.4B).
Long Term Liabilities: GUNKUL's short term assets (THB8.0B) do not cover its long term liabilities (THB12.4B).
Debt to Equity History and Analysis
Debt Level: GUNKUL's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: GUNKUL's debt to equity ratio has reduced from 225.8% to 112.1% over the past 5 years.
Debt Coverage: GUNKUL's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: GUNKUL's interest payments on its debt are not well covered by EBIT (2.3x coverage).