Function International Balance Sheet Health
Financial Health criteria checks 5/6
Function International has a total shareholder equity of THB721.9M and total debt of THB198.0M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are THB1.0B and THB293.7M respectively. Function International's EBIT is THB53.2M making its interest coverage ratio 8.5. It has cash and short-term investments of THB89.1M.
Key information
27.4%
Debt to equity ratio
฿198.02m
Debt
Interest coverage ratio | 8.5x |
Cash | ฿89.11m |
Equity | ฿721.91m |
Total liabilities | ฿293.70m |
Total assets | ฿1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI-F's short term assets (THB582.4M) exceed its short term liabilities (THB216.1M).
Long Term Liabilities: FTI-F's short term assets (THB582.4M) exceed its long term liabilities (THB77.6M).
Debt to Equity History and Analysis
Debt Level: FTI-F's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: FTI-F's debt to equity ratio has reduced from 59.1% to 27.4% over the past 5 years.
Debt Coverage: FTI-F's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: FTI-F's interest payments on its debt are well covered by EBIT (8.5x coverage).