Fancy Wood Industries Balance Sheet Health
Financial Health criteria checks 6/6
Fancy Wood Industries has a total shareholder equity of THB832.6M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB862.2M and THB29.6M respectively. Fancy Wood Industries's EBIT is THB11.7M making its interest coverage ratio 366.6. It has cash and short-term investments of THB193.1M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 366.6x |
| Cash | ฿193.07m |
| Equity | ฿832.55m |
| Total liabilities | ฿29.63m |
| Total assets | ฿862.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FANCY-R's short term assets (THB532.3M) exceed its short term liabilities (THB12.9M).
Long Term Liabilities: FANCY-R's short term assets (THB532.3M) exceed its long term liabilities (THB16.7M).
Debt to Equity History and Analysis
Debt Level: FANCY-R is debt free.
Reducing Debt: FANCY-R has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Debt Coverage: FANCY-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FANCY-R has no debt, therefore coverage of interest payments is not a concern.