Function International Balance Sheet Health
Financial Health criteria checks 5/6
Function International has a total shareholder equity of THB726.9M and total debt of THB216.7M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are THB1.0B and THB292.2M respectively. Function International's EBIT is THB56.0M making its interest coverage ratio 11.9. It has cash and short-term investments of THB77.4M.
Key information
29.8%
Debt to equity ratio
฿216.65m
Debt
Interest coverage ratio | 11.9x |
Cash | ฿77.39m |
Equity | ฿726.93m |
Total liabilities | ฿292.19m |
Total assets | ฿1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI-F's short term assets (THB580.5M) exceed its short term liabilities (THB250.4M).
Long Term Liabilities: FTI-F's short term assets (THB580.5M) exceed its long term liabilities (THB41.7M).
Debt to Equity History and Analysis
Debt Level: FTI-F's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: FTI-F's debt to equity ratio has reduced from 55.6% to 29.8% over the past 5 years.
Debt Coverage: FTI-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FTI-F's interest payments on its debt are well covered by EBIT (11.9x coverage).