Union Petrochemical Balance Sheet Health
Financial Health criteria checks 3/6
Union Petrochemical has a total shareholder equity of THB805.9M and total debt of THB547.9M, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are THB1.8B and THB1.0B respectively. Union Petrochemical's EBIT is THB33.1M making its interest coverage ratio 1.9. It has cash and short-term investments of THB238.2M.
Key information
68.0%
Debt to equity ratio
฿547.92m
Debt
Interest coverage ratio | 1.9x |
Cash | ฿238.20m |
Equity | ฿805.90m |
Total liabilities | ฿1.04b |
Total assets | ฿1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UKEM-R's short term assets (THB1.5B) exceed its short term liabilities (THB950.1M).
Long Term Liabilities: UKEM-R's short term assets (THB1.5B) exceed its long term liabilities (THB86.4M).
Debt to Equity History and Analysis
Debt Level: UKEM-R's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: UKEM-R's debt to equity ratio has increased from 41.1% to 68% over the past 5 years.
Debt Coverage: UKEM-R's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: UKEM-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).