East Coast Furnitech Balance Sheet Health
Financial Health criteria checks 1/6
East Coast Furnitech has a total shareholder equity of THB1.0B and total debt of THB2.5B, which brings its debt-to-equity ratio to 244.6%. Its total assets and total liabilities are THB4.1B and THB3.0B respectively.
Key information
244.6%
Debt to equity ratio
฿2.52b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿7.65m |
| Equity | ฿1.03b |
| Total liabilities | ฿3.04b |
| Total assets | ฿4.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECF-R's short term assets (THB2.0B) do not cover its short term liabilities (THB2.8B).
Long Term Liabilities: ECF-R's short term assets (THB2.0B) exceed its long term liabilities (THB226.5M).
Debt to Equity History and Analysis
Debt Level: ECF-R's net debt to equity ratio (243.8%) is considered high.
Reducing Debt: ECF-R's debt to equity ratio has increased from 131.8% to 244.6% over the past 5 years.
Debt Coverage: ECF-R's debt is not well covered by operating cash flow (6%).
Interest Coverage: Insufficient data to determine if ECF-R's interest payments on its debt are well covered by EBIT.