Minor International Balance Sheet Health
Financial Health criteria checks 1/6
Minor International has a total shareholder equity of THB88.1B and total debt of THB117.8B, which brings its debt-to-equity ratio to 133.8%. Its total assets and total liabilities are THB370.1B and THB282.0B respectively. Minor International's EBIT is THB20.7B making its interest coverage ratio 1.9. It has cash and short-term investments of THB19.9B.
Key information
133.8%
Debt to equity ratio
฿117.80b
Debt
Interest coverage ratio | 1.9x |
Cash | ฿19.90b |
Equity | ฿88.07b |
Total liabilities | ฿282.00b |
Total assets | ฿370.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNIL.Y's short term assets (THB49.4B) do not cover its short term liabilities (THB69.7B).
Long Term Liabilities: MNIL.Y's short term assets (THB49.4B) do not cover its long term liabilities (THB212.3B).
Debt to Equity History and Analysis
Debt Level: MNIL.Y's net debt to equity ratio (111.2%) is considered high.
Reducing Debt: MNIL.Y's debt to equity ratio has increased from 122.6% to 133.8% over the past 5 years.
Debt Coverage: MNIL.Y's debt is well covered by operating cash flow (29.4%).
Interest Coverage: MNIL.Y's interest payments on its debt are not well covered by EBIT (1.9x coverage).