Thai Airways International Balance Sheet Health
Financial Health criteria checks 1/6
Thai Airways International has a total shareholder equity of THB-43.1B and total debt of THB80.2B, which brings its debt-to-equity ratio to -185.8%. Its total assets and total liabilities are THB239.0B and THB282.1B respectively. Thai Airways International's EBIT is THB35.6B making its interest coverage ratio 2.5. It has cash and short-term investments of THB67.1B.
Key information
-185.8%
Debt to equity ratio
฿80.16b
Debt
Interest coverage ratio | 2.5x |
Cash | ฿67.13b |
Equity | -฿43.14b |
Total liabilities | ฿282.13b |
Total assets | ฿238.99b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAWN.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TAWN.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: TAWN.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TAWN.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TAWN.F's debt is well covered by operating cash flow (54.8%).
Interest Coverage: TAWN.F's interest payments on its debt are not well covered by EBIT (2.5x coverage).