Union Mosaic Industry Balance Sheet Health
Financial Health criteria checks 5/6
Union Mosaic Industry has a total shareholder equity of THB1.5B and total debt of THB481.4M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are THB3.0B and THB1.5B respectively. Union Mosaic Industry's EBIT is THB70.8M making its interest coverage ratio 1.1. It has cash and short-term investments of THB115.0M.
Key information
32.0%
Debt to equity ratio
฿481.37m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ฿114.97m |
| Equity | ฿1.50b |
| Total liabilities | ฿1.48b |
| Total assets | ฿2.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMI-R's short term assets (THB1.5B) exceed its short term liabilities (THB661.4M).
Long Term Liabilities: UMI-R's short term assets (THB1.5B) exceed its long term liabilities (THB813.6M).
Debt to Equity History and Analysis
Debt Level: UMI-R's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: UMI-R's debt to equity ratio has reduced from 71.4% to 32% over the past 5 years.
Debt Coverage: UMI-R's debt is well covered by operating cash flow (32.9%).
Interest Coverage: UMI-R's interest payments on its debt are not well covered by EBIT (1.1x coverage).