MFC Asset Management Balance Sheet Health
Financial Health criteria checks 6/6
MFC Asset Management has a total shareholder equity of THB1.2B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.7B and THB496.8M respectively. MFC Asset Management's EBIT is THB270.2M making its interest coverage ratio 39.3. It has cash and short-term investments of THB767.5M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 39.3x |
| Cash | ฿767.50m |
| Equity | ฿1.22b |
| Total liabilities | ฿496.75m |
| Total assets | ฿1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFC-R's short term assets (THB927.3M) exceed its short term liabilities (THB185.5M).
Long Term Liabilities: MFC-R's short term assets (THB927.3M) exceed its long term liabilities (THB311.3M).
Debt to Equity History and Analysis
Debt Level: MFC-R is debt free.
Reducing Debt: MFC-R has not had any debt for past 5 years.
Debt Coverage: MFC-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MFC-R has no debt, therefore coverage of interest payments is not a concern.