Thai Mui Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Thai Mui has a total shareholder equity of THB377.6M and total debt of THB139.6M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are THB700.7M and THB323.1M respectively. Thai Mui's EBIT is THB10.9M making its interest coverage ratio 1.1. It has cash and short-term investments of THB13.0M.
Key information
37.0%
Debt to equity ratio
฿139.59m
Debt
Interest coverage ratio | 1.1x |
Cash | ฿13.02m |
Equity | ฿377.58m |
Total liabilities | ฿323.09m |
Total assets | ฿700.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THMUI's short term assets (THB446.4M) exceed its short term liabilities (THB198.6M).
Long Term Liabilities: THMUI's short term assets (THB446.4M) exceed its long term liabilities (THB124.5M).
Debt to Equity History and Analysis
Debt Level: THMUI's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: THMUI's debt to equity ratio has increased from 8.9% to 37% over the past 5 years.
Debt Coverage: THMUI's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: THMUI's interest payments on its debt are not well covered by EBIT (1.1x coverage).