Gunkul Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Gunkul Engineering has a total shareholder equity of THB14.1B and total debt of THB14.7B, which brings its debt-to-equity ratio to 104.2%. Its total assets and total liabilities are THB32.3B and THB18.2B respectively. Gunkul Engineering's EBIT is THB1.8B making its interest coverage ratio 2.1. It has cash and short-term investments of THB2.7B.
Key information
104.2%
Debt to equity ratio
฿14.74b
Debt
Interest coverage ratio | 2.1x |
Cash | ฿2.70b |
Equity | ฿14.14b |
Total liabilities | ฿18.19b |
Total assets | ฿32.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUNKUL-F's short term assets (THB7.2B) exceed its short term liabilities (THB4.8B).
Long Term Liabilities: GUNKUL-F's short term assets (THB7.2B) do not cover its long term liabilities (THB13.4B).
Debt to Equity History and Analysis
Debt Level: GUNKUL-F's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: GUNKUL-F's debt to equity ratio has reduced from 164% to 104.2% over the past 5 years.
Debt Coverage: GUNKUL-F's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: GUNKUL-F's interest payments on its debt are not well covered by EBIT (2.1x coverage).