CP Axtra Balance Sheet Health
Financial Health criteria checks 4/6
CP Axtra has a total shareholder equity of THB294.8B and total debt of THB104.2B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are THB533.9B and THB239.1B respectively. CP Axtra's EBIT is THB17.4B making its interest coverage ratio 3. It has cash and short-term investments of THB23.1B.
Key information
35.3%
Debt to equity ratio
฿104.19b
Debt
| Interest coverage ratio | 3x |
| Cash | ฿23.10b |
| Equity | ฿294.78b |
| Total liabilities | ฿239.14b |
| Total assets | ฿533.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMKU.F's short term assets (THB66.2B) do not cover its short term liabilities (THB112.7B).
Long Term Liabilities: SMKU.F's short term assets (THB66.2B) do not cover its long term liabilities (THB126.5B).
Debt to Equity History and Analysis
Debt Level: SMKU.F's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: SMKU.F's debt to equity ratio has reduced from 55.5% to 35.3% over the past 5 years.
Debt Coverage: SMKU.F's debt is well covered by operating cash flow (33.5%).
Interest Coverage: SMKU.F's interest payments on its debt are well covered by EBIT (3x coverage).