Tycoons Worldwide Group (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
Tycoons Worldwide Group (Thailand) has a total shareholder equity of THB4.7B and total debt of THB902.2M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are THB6.3B and THB1.6B respectively. Tycoons Worldwide Group (Thailand)'s EBIT is THB56.6M making its interest coverage ratio 1.1. It has cash and short-term investments of THB515.3M.
Key information
19.0%
Debt to equity ratio
฿902.17m
Debt
Interest coverage ratio | 1.1x |
Cash | ฿515.33m |
Equity | ฿4.74b |
Total liabilities | ฿1.58b |
Total assets | ฿6.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 911622's short term assets (THB2.7B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: 911622's short term assets (THB2.7B) exceed its long term liabilities (THB58.5M).
Debt to Equity History and Analysis
Debt Level: 911622's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 911622's debt to equity ratio has reduced from 21.9% to 19% over the past 5 years.
Debt Coverage: 911622's debt is well covered by operating cash flow (93.7%).
Interest Coverage: 911622's interest payments on its debt are not well covered by EBIT (1.1x coverage).