Filter Vision Balance Sheet Health
Financial Health criteria checks 6/6
Filter Vision has a total shareholder equity of THB799.1M and total debt of THB142.3M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are THB1.2B and THB442.7M respectively. Filter Vision's EBIT is THB47.7M making its interest coverage ratio 6.5. It has cash and short-term investments of THB114.0M.
Key information
17.8%
Debt to equity ratio
฿142.27m
Debt
| Interest coverage ratio | 6.5x |
| Cash | ฿114.05m |
| Equity | ฿799.08m |
| Total liabilities | ฿442.75m |
| Total assets | ฿1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FVC-R's short term assets (THB665.0M) exceed its short term liabilities (THB338.3M).
Long Term Liabilities: FVC-R's short term assets (THB665.0M) exceed its long term liabilities (THB104.5M).
Debt to Equity History and Analysis
Debt Level: FVC-R's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: FVC-R's debt to equity ratio has reduced from 20% to 17.8% over the past 5 years.
Debt Coverage: FVC-R's debt is well covered by operating cash flow (84.2%).
Interest Coverage: FVC-R's interest payments on its debt are well covered by EBIT (6.5x coverage).