Seafco Balance Sheet Health
Financial Health criteria checks 5/6
Seafco has a total shareholder equity of THB1.5B and total debt of THB209.7M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are THB2.6B and THB1.1B respectively. Seafco's EBIT is THB40.3M making its interest coverage ratio 2.8. It has cash and short-term investments of THB186.3M.
Key information
14.0%
Debt to equity ratio
฿209.73m
Debt
| Interest coverage ratio | 2.8x |
| Cash | ฿186.30m |
| Equity | ฿1.50b |
| Total liabilities | ฿1.10b |
| Total assets | ฿2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEAFCO-F's short term assets (THB1.0B) exceed its short term liabilities (THB880.4M).
Long Term Liabilities: SEAFCO-F's short term assets (THB1.0B) exceed its long term liabilities (THB221.3M).
Debt to Equity History and Analysis
Debt Level: SEAFCO-F's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: SEAFCO-F's debt to equity ratio has reduced from 45.8% to 14% over the past 5 years.
Debt Coverage: SEAFCO-F's debt is well covered by operating cash flow (68%).
Interest Coverage: SEAFCO-F's interest payments on its debt are not well covered by EBIT (2.8x coverage).