Is CP Axtra Public financially healthy?
Not really
CP Axtra Public carries heavy debt: it would take 4.5 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA4.5 years
Current ratio0.6×Short-term assets for each THB 1 of bills due within a year
Interest coverage3.2×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about CP Axtra Public
Data as of Nov 13, 2026.