Minor International Balance Sheet Health
Financial Health criteria checks 2/6
Minor International has a total shareholder equity of THB89.5B and total debt of THB98.0B, which brings its debt-to-equity ratio to 109.5%. Its total assets and total liabilities are THB344.6B and THB255.1B respectively. Minor International's EBIT is THB18.4B making its interest coverage ratio 1.5. It has cash and short-term investments of THB10.3B.
Key information
109.5%
Debt to equity ratio
฿98.03b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ฿10.34b |
| Equity | ฿89.49b |
| Total liabilities | ฿255.07b |
| Total assets | ฿344.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNIL.Y's short term assets (THB40.5B) do not cover its short term liabilities (THB65.7B).
Long Term Liabilities: MNIL.Y's short term assets (THB40.5B) do not cover its long term liabilities (THB189.4B).
Debt to Equity History and Analysis
Debt Level: MNIL.Y's net debt to equity ratio (98%) is considered high.
Reducing Debt: MNIL.Y's debt to equity ratio has reduced from 135.4% to 109.5% over the past 5 years.
Debt Coverage: MNIL.Y's debt is well covered by operating cash flow (38%).
Interest Coverage: MNIL.Y's interest payments on its debt are not well covered by EBIT (1.5x coverage).