Function International Balance Sheet Health
Financial Health criteria checks 5/6
Function International has a total shareholder equity of THB716.2M and total debt of THB247.5M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are THB1.1B and THB349.4M respectively. Function International's EBIT is THB58.2M making its interest coverage ratio 17. It has cash and short-term investments of THB78.3M.
Key information
34.6%
Debt to equity ratio
฿247.54m
Debt
Interest coverage ratio | 17x |
Cash | ฿78.33m |
Equity | ฿716.16m |
Total liabilities | ฿349.36m |
Total assets | ฿1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI's short term assets (THB625.0M) exceed its short term liabilities (THB310.7M).
Long Term Liabilities: FTI's short term assets (THB625.0M) exceed its long term liabilities (THB38.7M).
Debt to Equity History and Analysis
Debt Level: FTI's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: FTI's debt to equity ratio has reduced from 52.2% to 34.6% over the past 5 years.
Debt Coverage: FTI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FTI's interest payments on its debt are well covered by EBIT (17x coverage).