Firetrade Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Firetrade Engineering has a total shareholder equity of THB811.4M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.2B and THB363.9M respectively. Firetrade Engineering's EBIT is THB119.3M making its interest coverage ratio 23.3. It has cash and short-term investments of THB59.9M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 23.3x |
| Cash | ฿59.91m |
| Equity | ฿811.44m |
| Total liabilities | ฿363.91m |
| Total assets | ฿1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTE's short term assets (THB805.0M) exceed its short term liabilities (THB246.3M).
Long Term Liabilities: FTE's short term assets (THB805.0M) exceed its long term liabilities (THB117.6M).
Debt to Equity History and Analysis
Debt Level: FTE is debt free.
Reducing Debt: FTE had no debt 5 years ago.
Debt Coverage: FTE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FTE has no debt, therefore coverage of interest payments is not a concern.