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 THB494.4M respectively. MFC Asset Management's EBIT is THB238.7M making its interest coverage ratio 61. It has cash and short-term investments of THB533.1M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 61x |
| Cash | ฿533.14m |
| Equity | ฿1.19b |
| Total liabilities | ฿494.39m |
| Total assets | ฿1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFC's short term assets (THB683.1M) exceed its short term liabilities (THB172.8M).
Long Term Liabilities: MFC's short term assets (THB683.1M) exceed its long term liabilities (THB321.6M).
Debt to Equity History and Analysis
Debt Level: MFC is debt free.
Reducing Debt: MFC has not had any debt for past 5 years.
Debt Coverage: MFC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MFC has no debt, therefore coverage of interest payments is not a concern.