Thai Mui Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Thai Mui has a total shareholder equity of THB361.8M and total debt of THB132.5M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are THB661.3M and THB299.5M respectively.
Key information
36.6%
Debt to equity ratio
฿132.53m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿13.79m |
| Equity | ฿361.83m |
| Total liabilities | ฿299.48m |
| Total assets | ฿661.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THMUI's short term assets (THB427.9M) exceed its short term liabilities (THB190.1M).
Long Term Liabilities: THMUI's short term assets (THB427.9M) exceed its long term liabilities (THB109.3M).
Debt to Equity History and Analysis
Debt Level: THMUI's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: THMUI's debt to equity ratio has increased from 28% to 36.6% over the past 5 years.
Debt Coverage: THMUI's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: Insufficient data to determine if THMUI's interest payments on its debt are well covered by EBIT.