Seafco Balance Sheet Health
Financial Health criteria checks 6/6
Seafco has a total shareholder equity of THB1.6B and total debt of THB229.7M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are THB2.6B and THB972.2M respectively. Seafco's EBIT is THB225.3M making its interest coverage ratio 15. It has cash and short-term investments of THB322.1M.
Key information
14.4%
Debt to equity ratio
฿229.73m
Debt
Interest coverage ratio | 15x |
Cash | ฿322.09m |
Equity | ฿1.59b |
Total liabilities | ฿972.19m |
Total assets | ฿2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEAFCO-R's short term assets (THB1.0B) exceed its short term liabilities (THB780.3M).
Long Term Liabilities: SEAFCO-R's short term assets (THB1.0B) exceed its long term liabilities (THB191.9M).
Debt to Equity History and Analysis
Debt Level: SEAFCO-R has more cash than its total debt.
Reducing Debt: SEAFCO-R's debt to equity ratio has reduced from 28.5% to 14.4% over the past 5 years.
Debt Coverage: SEAFCO-R's debt is well covered by operating cash flow (161.3%).
Interest Coverage: SEAFCO-R's interest payments on its debt are well covered by EBIT (15x coverage).