Ubon Bio Ethanol Balance Sheet Health
Financial Health criteria checks 5/6
Ubon Bio Ethanol has a total shareholder equity of THB5.8B and total debt of THB1.7B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are THB8.2B and THB2.4B respectively. Ubon Bio Ethanol's EBIT is THB240.6M making its interest coverage ratio 4.3. It has cash and short-term investments of THB165.0M.
Key information
29.9%
Debt to equity ratio
฿1.74b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ฿164.95m |
| Equity | ฿5.83b |
| Total liabilities | ฿2.36b |
| Total assets | ฿8.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBE's short term assets (THB3.4B) exceed its short term liabilities (THB2.3B).
Long Term Liabilities: UBE's short term assets (THB3.4B) exceed its long term liabilities (THB95.4M).
Debt to Equity History and Analysis
Debt Level: UBE's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: UBE's debt to equity ratio has reduced from 126.2% to 29.9% over the past 5 years.
Debt Coverage: UBE's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: UBE's interest payments on its debt are well covered by EBIT (4.3x coverage).