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).