Tapaco Balance Sheet Health
Financial Health criteria checks 2/6
Tapaco has a total shareholder equity of THB884.6M and total debt of THB554.1M, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are THB1.8B and THB942.7M respectively.
Key information
62.6%
Debt to equity ratio
฿554.09m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿24.82m |
| Equity | ฿884.58m |
| Total liabilities | ฿942.67m |
| Total assets | ฿1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAPAC-R's short term assets (THB1.1B) exceed its short term liabilities (THB844.4M).
Long Term Liabilities: TAPAC-R's short term assets (THB1.1B) exceed its long term liabilities (THB98.2M).
Debt to Equity History and Analysis
Debt Level: TAPAC-R's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: TAPAC-R's debt to equity ratio has increased from 42.4% to 62.6% over the past 5 years.
Debt Coverage: TAPAC-R's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: Insufficient data to determine if TAPAC-R's interest payments on its debt are well covered by EBIT.