Function International Balance Sheet Health
Financial Health criteria checks 6/6
Function International has a total shareholder equity of THB720.2M and total debt of THB185.3M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are THB995.5M and THB275.3M respectively. Function International's EBIT is THB45.6M making its interest coverage ratio 6.4. It has cash and short-term investments of THB78.0M.
Key information
25.7%
Debt to equity ratio
฿185.33m
Debt
| Interest coverage ratio | 6.4x |
| Cash | ฿77.95m |
| Equity | ฿720.22m |
| Total liabilities | ฿275.26m |
| Total assets | ฿995.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI's short term assets (THB567.0M) exceed its short term liabilities (THB223.7M).
Long Term Liabilities: FTI's short term assets (THB567.0M) exceed its long term liabilities (THB51.6M).
Debt to Equity History and Analysis
Debt Level: FTI's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: FTI's debt to equity ratio has reduced from 62.8% to 25.7% over the past 5 years.
Debt Coverage: FTI's debt is well covered by operating cash flow (38.3%).
Interest Coverage: FTI's interest payments on its debt are well covered by EBIT (6.4x coverage).