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 THB15.3B, which brings its debt-to-equity ratio to 109.3%. Its total assets and total liabilities are THB32.9B and THB18.9B respectively. Gunkul Engineering's EBIT is THB1.3B making its interest coverage ratio 2. It has cash and short-term investments of THB1.6B.
Key information
109.3%
Debt to equity ratio
฿15.28b
Debt
Interest coverage ratio | 2x |
Cash | ฿1.57b |
Equity | ฿13.99b |
Total liabilities | ฿18.86b |
Total assets | ฿32.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUNKUL's short term assets (THB6.8B) exceed its short term liabilities (THB6.3B).
Long Term Liabilities: GUNKUL's short term assets (THB6.8B) do not cover its long term liabilities (THB12.5B).
Debt to Equity History and Analysis
Debt Level: GUNKUL's net debt to equity ratio (98%) is considered high.
Reducing Debt: GUNKUL's debt to equity ratio has reduced from 248.1% to 109.3% 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 (2x coverage).