Teera-Mongkol Industry Balance Sheet Health
Financial Health criteria checks 2/6
Teera-Mongkol Industry has a total shareholder equity of THB258.8M and total debt of THB374.2M, which brings its debt-to-equity ratio to 144.6%. Its total assets and total liabilities are THB760.5M and THB501.7M respectively. Teera-Mongkol Industry's EBIT is THB55.4M making its interest coverage ratio 2. It has cash and short-term investments of THB59.4M.
Key information
144.6%
Debt to equity ratio
฿374.24m
Debt
Interest coverage ratio | 2x |
Cash | ฿59.45m |
Equity | ฿258.75m |
Total liabilities | ฿501.72m |
Total assets | ฿760.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMI's short term assets (THB291.6M) do not cover its short term liabilities (THB320.1M).
Long Term Liabilities: TMI's short term assets (THB291.6M) exceed its long term liabilities (THB181.7M).
Debt to Equity History and Analysis
Debt Level: TMI's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: TMI's debt to equity ratio has increased from 87.4% to 144.6% over the past 5 years.
Debt Coverage: TMI's debt is well covered by operating cash flow (31.5%).
Interest Coverage: TMI's interest payments on its debt are not well covered by EBIT (2x coverage).