CP Axtra Balance Sheet Health
Financial Health criteria checks 3/6
CP Axtra has a total shareholder equity of THB292.8B and total debt of THB95.1B, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are THB522.9B and THB230.1B respectively. CP Axtra's EBIT is THB17.1B making its interest coverage ratio 2.3. It has cash and short-term investments of THB15.2B.
Key information
32.5%
Debt to equity ratio
฿95.07b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ฿15.18b |
| Equity | ฿292.81b |
| Total liabilities | ฿230.11b |
| Total assets | ฿522.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMKU.Y's short term assets (THB61.8B) do not cover its short term liabilities (THB97.4B).
Long Term Liabilities: SMKU.Y's short term assets (THB61.8B) do not cover its long term liabilities (THB132.7B).
Debt to Equity History and Analysis
Debt Level: SMKU.Y's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: SMKU.Y's debt to equity ratio has reduced from 39.1% to 32.5% over the past 5 years.
Debt Coverage: SMKU.Y's debt is well covered by operating cash flow (20.8%).
Interest Coverage: SMKU.Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).