Ubon Bio Ethanol Balance Sheet Health
Financial Health criteria checks 4/6
Ubon Bio Ethanol has a total shareholder equity of THB5.8B and total debt of THB2.5B, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are THB9.1B and THB3.2B respectively. Ubon Bio Ethanol's EBIT is THB85.7M making its interest coverage ratio 1.7. It has cash and short-term investments of THB244.7M.
Key information
42.8%
Debt to equity ratio
฿2.50b
Debt
Interest coverage ratio | 1.7x |
Cash | ฿244.70m |
Equity | ฿5.85b |
Total liabilities | ฿3.20b |
Total assets | ฿9.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBE's short term assets (THB4.2B) exceed its short term liabilities (THB3.0B).
Long Term Liabilities: UBE's short term assets (THB4.2B) exceed its long term liabilities (THB172.4M).
Debt to Equity History and Analysis
Debt Level: UBE's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: UBE's debt to equity ratio has reduced from 126.6% to 42.8% over the past 5 years.
Debt Coverage: UBE's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: UBE's interest payments on its debt are not well covered by EBIT (1.7x coverage).