Minor International Balance Sheet Health
Financial Health criteria checks 2/6
Minor International has a total shareholder equity of THB91.9B and total debt of THB103.9B, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are THB368.8B and THB277.0B respectively. Minor International's EBIT is THB21.1B making its interest coverage ratio 1.8. It has cash and short-term investments of THB13.7B.
Key information
113.1%
Debt to equity ratio
฿103.92b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ฿13.70b |
| Equity | ฿91.86b |
| Total liabilities | ฿276.95b |
| Total assets | ฿368.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNRI.F's short term assets (THB44.4B) do not cover its short term liabilities (THB62.9B).
Long Term Liabilities: MNRI.F's short term assets (THB44.4B) do not cover its long term liabilities (THB214.0B).
Debt to Equity History and Analysis
Debt Level: MNRI.F's net debt to equity ratio (98.2%) is considered high.
Reducing Debt: MNRI.F's debt to equity ratio has reduced from 153.7% to 113.1% over the past 5 years.
Debt Coverage: MNRI.F's debt is well covered by operating cash flow (36.2%).
Interest Coverage: MNRI.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).