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 THB1.4B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are THB5.1B and THB2.3B respectively. Seafresh Industry's EBIT is THB251.1M making its interest coverage ratio 2.2. It has cash and short-term investments of THB67.6M.
Key information
50.4%
Debt to equity ratio
฿1.44b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿67.61m |
| Equity | ฿2.85b |
| Total liabilities | ฿2.25b |
| Total assets | ฿5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFRESH's short term assets (THB2.9B) exceed its short term liabilities (THB2.0B).
Long Term Liabilities: CFRESH's short term assets (THB2.9B) exceed its long term liabilities (THB279.5M).
Debt to Equity History and Analysis
Debt Level: CFRESH's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: CFRESH's debt to equity ratio has reduced from 111.4% to 50.4% over the past 5 years.
Debt Coverage: CFRESH's debt is well covered by operating cash flow (31.4%).
Interest Coverage: CFRESH's interest payments on its debt are not well covered by EBIT (2.2x coverage).