Seafresh Industry Balance Sheet Health
Financial Health criteria checks 4/6
Seafresh Industry has a total shareholder equity of THB2.8B and total debt of THB1.7B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are THB5.2B and THB2.5B respectively. Seafresh Industry's EBIT is THB157.6M making its interest coverage ratio 1.4. It has cash and short-term investments of THB43.6M.
Key information
61.7%
Debt to equity ratio
฿1.70b
Debt
Interest coverage ratio | 1.4x |
Cash | ฿43.62m |
Equity | ฿2.76b |
Total liabilities | ฿2.48b |
Total assets | ฿5.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFRESH's short term assets (THB3.1B) exceed its short term liabilities (THB2.3B).
Long Term Liabilities: CFRESH's short term assets (THB3.1B) exceed its long term liabilities (THB221.3M).
Debt to Equity History and Analysis
Debt Level: CFRESH's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: CFRESH's debt to equity ratio has reduced from 99% to 61.7% over the past 5 years.
Debt Coverage: CFRESH's debt is well covered by operating cash flow (21.9%).
Interest Coverage: CFRESH's interest payments on its debt are not well covered by EBIT (1.4x coverage).