Minor International Balance Sheet Health
Financial Health criteria checks 1/6
Minor International has a total shareholder equity of THB92.4B and total debt of THB112.0B, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are THB362.0B and THB269.7B respectively. Minor International's EBIT is THB19.1B making its interest coverage ratio 2. It has cash and short-term investments of THB23.0B.
Key information
121.3%
Debt to equity ratio
฿112.02b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿22.98b |
| Equity | ฿92.39b |
| Total liabilities | ฿269.66b |
| Total assets | ฿362.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINO.F's short term assets (THB50.9B) do not cover its short term liabilities (THB66.9B).
Long Term Liabilities: MINO.F's short term assets (THB50.9B) do not cover its long term liabilities (THB202.7B).
Debt to Equity History and Analysis
Debt Level: MINO.F's net debt to equity ratio (96.4%) is considered high.
Reducing Debt: MINO.F's debt to equity ratio has increased from 94.5% to 121.3% over the past 5 years.
Debt Coverage: MINO.F's debt is well covered by operating cash flow (29.3%).
Interest Coverage: MINO.F's interest payments on its debt are not well covered by EBIT (2x coverage).