Thai Airways International Balance Sheet Health
Financial Health criteria checks 1/6
Thai Airways International has a total shareholder equity of THB-27.9B and total debt of THB82.5B, which brings its debt-to-equity ratio to -295.3%. Its total assets and total liabilities are THB263.7B and THB291.7B respectively. Thai Airways International's EBIT is THB31.5B making its interest coverage ratio 2. It has cash and short-term investments of THB82.6B.
Key information
-295.3%
Debt to equity ratio
฿82.50b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿82.59b |
| Equity | -฿27.94b |
| Total liabilities | ฿291.68b |
| Total assets | ฿263.74b |
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 (63.7%).
Interest Coverage: TAWN.F's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 15:02 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thai Airways International Public Company Limited is covered by 24 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kawee Manitsupavong | Asia Plus Securities Company Limited |
| Chutima Woramontri | BNP Paribas Securities (Asia) |
| Kaseedit Choonnawat | BofA Global Research |