Ubon Bio Ethanol Balance Sheet Health
Financial Health criteria checks 6/6
Ubon Bio Ethanol has a total shareholder equity of THB5.9B and total debt of THB640.2M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are THB7.1B and THB1.2B respectively. Ubon Bio Ethanol's EBIT is THB267.2M making its interest coverage ratio 4.7. It has cash and short-term investments of THB311.3M.
Key information
10.8%
Debt to equity ratio
฿640.24m
Debt
| Interest coverage ratio | 4.7x |
| Cash | ฿311.26m |
| Equity | ฿5.93b |
| Total liabilities | ฿1.20b |
| Total assets | ฿7.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBE-R's short term assets (THB2.4B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: UBE-R's short term assets (THB2.4B) exceed its long term liabilities (THB92.8M).
Debt to Equity History and Analysis
Debt Level: UBE-R's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: UBE-R's debt to equity ratio has reduced from 125.7% to 10.8% over the past 5 years.
Debt Coverage: UBE-R's debt is well covered by operating cash flow (123.3%).
Interest Coverage: UBE-R's interest payments on its debt are well covered by EBIT (4.7x coverage).