Thai Vegetable Oil Balance Sheet Health
Financial Health criteria checks 6/6
Thai Vegetable Oil has a total shareholder equity of THB10.5B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB13.1B and THB2.6B respectively. Thai Vegetable Oil's EBIT is THB629.3M making its interest coverage ratio -24.4. It has cash and short-term investments of THB637.0M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -24.4x |
Cash | ฿637.01m |
Equity | ฿10.47b |
Total liabilities | ฿2.61b |
Total assets | ฿13.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVTB's short term assets (THB8.9B) exceed its short term liabilities (THB2.4B).
Long Term Liabilities: TVTB's short term assets (THB8.9B) exceed its long term liabilities (THB210.0M).
Debt to Equity History and Analysis
Debt Level: TVTB is debt free.
Reducing Debt: TVTB has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
Debt Coverage: TVTB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TVTB has no debt, therefore coverage of interest payments is not a concern.