East Coast Furnitech Balance Sheet Health
Financial Health criteria checks 1/6
East Coast Furnitech has a total shareholder equity of THB1.2B and total debt of THB2.4B, which brings its debt-to-equity ratio to 202.9%. Its total assets and total liabilities are THB4.0B and THB2.9B respectively.
Key information
202.9%
Debt to equity ratio
฿2.39b
Debt
Interest coverage ratio | n/a |
Cash | ฿20.09m |
Equity | ฿1.18b |
Total liabilities | ฿2.85b |
Total assets | ฿4.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECF-R's short term assets (THB1.9B) do not cover its short term liabilities (THB2.1B).
Long Term Liabilities: ECF-R's short term assets (THB1.9B) exceed its long term liabilities (THB728.0M).
Debt to Equity History and Analysis
Debt Level: ECF-R's net debt to equity ratio (201.2%) is considered high.
Reducing Debt: ECF-R's debt to equity ratio has increased from 112.4% to 202.9% over the past 5 years.
Debt Coverage: ECF-R's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: Insufficient data to determine if ECF-R's interest payments on its debt are well covered by EBIT.