Nok Airlines Balance Sheet Health
Financial Health criteria checks 0/6
Nok Airlines has a total shareholder equity of THB-11.2B and total debt of THB4.1B, which brings its debt-to-equity ratio to -36.7%. Its total assets and total liabilities are THB14.8B and THB26.0B respectively. Nok Airlines's EBIT is THB3.7M making its interest coverage ratio 0. It has cash and short-term investments of THB489.2M.
Key information
-36.7%
Debt to equity ratio
฿4.13b
Debt
| Interest coverage ratio | 0.005x |
| Cash | ฿489.21m |
| Equity | -฿11.24b |
| Total liabilities | ฿26.01b |
| Total assets | ฿14.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOKP.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NOKP.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOKP.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NOKP.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NOKP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NOKP.F's interest payments on its debt are not well covered by EBIT (0x coverage).