TTW Balance Sheet Health
Financial Health criteria checks 5/6
TTW has a total shareholder equity of THB14.7B and total debt of THB4.6B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are THB20.1B and THB5.4B respectively. TTW's EBIT is THB3.2B making its interest coverage ratio 21.4. It has cash and short-term investments of THB2.9B.
Key information
31.3%
Debt to equity ratio
฿4.61b
Debt
Interest coverage ratio | 21.4x |
Cash | ฿2.86b |
Equity | ฿14.70b |
Total liabilities | ฿5.44b |
Total assets | ฿20.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTWS.F's short term assets (THB3.6B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: TTWS.F's short term assets (THB3.6B) do not cover its long term liabilities (THB4.2B).
Debt to Equity History and Analysis
Debt Level: TTWS.F's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: TTWS.F's debt to equity ratio has reduced from 86.3% to 31.3% over the past 5 years.
Debt Coverage: TTWS.F's debt is well covered by operating cash flow (81.6%).
Interest Coverage: TTWS.F's interest payments on its debt are well covered by EBIT (21.4x coverage).