Seafco Balance Sheet Health
Financial Health criteria checks 6/6
Seafco has a total shareholder equity of THB1.6B and total debt of THB175.2M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are THB2.5B and THB863.2M respectively. Seafco's EBIT is THB194.7M making its interest coverage ratio 13.8. It has cash and short-term investments of THB232.6M.
Key information
10.8%
Debt to equity ratio
฿175.21m
Debt
Interest coverage ratio | 13.8x |
Cash | ฿232.57m |
Equity | ฿1.63b |
Total liabilities | ฿863.18m |
Total assets | ฿2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEAFCO's short term assets (THB984.7M) exceed its short term liabilities (THB675.2M).
Long Term Liabilities: SEAFCO's short term assets (THB984.7M) exceed its long term liabilities (THB188.0M).
Debt to Equity History and Analysis
Debt Level: SEAFCO has more cash than its total debt.
Reducing Debt: SEAFCO's debt to equity ratio has reduced from 25.4% to 10.8% over the past 5 years.
Debt Coverage: SEAFCO's debt is well covered by operating cash flow (165.4%).
Interest Coverage: SEAFCO's interest payments on its debt are well covered by EBIT (13.8x coverage).