TTW Balance Sheet Health
Financial Health criteria checks 5/6
TTW has a total shareholder equity of THB15.4B and total debt of THB4.8B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are THB21.1B and THB5.7B respectively. TTW's EBIT is THB3.2B making its interest coverage ratio 20.8. It has cash and short-term investments of THB69.1M.
Key information
31.1%
Debt to equity ratio
฿4.77b
Debt
Interest coverage ratio | 20.8x |
Cash | ฿69.08m |
Equity | ฿15.37b |
Total liabilities | ฿5.73b |
Total assets | ฿21.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTAP.F's short term assets (THB4.2B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: TTAP.F's short term assets (THB4.2B) do not cover its long term liabilities (THB4.4B).
Debt to Equity History and Analysis
Debt Level: TTAP.F's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: TTAP.F's debt to equity ratio has reduced from 83.9% to 31.1% over the past 5 years.
Debt Coverage: TTAP.F's debt is well covered by operating cash flow (77.9%).
Interest Coverage: TTAP.F's interest payments on its debt are well covered by EBIT (20.8x coverage).