Kiang Huat Sea Gull Trading Frozen Food Balance Sheet Health
Financial Health criteria checks 3/6
Kiang Huat Sea Gull Trading Frozen Food has a total shareholder equity of THB889.7M and total debt of THB1.1B, which brings its debt-to-equity ratio to 123.8%. Its total assets and total liabilities are THB2.2B and THB1.3B respectively.
Key information
123.8%
Debt to equity ratio
฿1.10b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿45.40m |
| Equity | ฿889.67m |
| Total liabilities | ฿1.35b |
| Total assets | ฿2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHOTI-R's short term assets (THB1.3B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: CHOTI-R's short term assets (THB1.3B) exceed its long term liabilities (THB320.1M).
Debt to Equity History and Analysis
Debt Level: CHOTI-R's net debt to equity ratio (118.7%) is considered high.
Reducing Debt: CHOTI-R's debt to equity ratio has increased from 29.7% to 123.8% over the past 5 years.
Debt Coverage: CHOTI-R's debt is well covered by operating cash flow (51.1%).
Interest Coverage: Insufficient data to determine if CHOTI-R's interest payments on its debt are well covered by EBIT.