Thai Coconut Balance Sheet Health
Financial Health criteria checks 5/6
Thai Coconut has a total shareholder equity of THB3.6B and total debt of THB1.1B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are THB5.5B and THB1.9B respectively. Thai Coconut's EBIT is THB724.4M making its interest coverage ratio 23.8. It has cash and short-term investments of THB693.2M.
Key information
30.2%
Debt to equity ratio
฿1.08b
Debt
Interest coverage ratio | 23.8x |
Cash | ฿693.23m |
Equity | ฿3.56b |
Total liabilities | ฿1.89b |
Total assets | ฿5.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COCOCO-R's short term assets (THB2.6B) exceed its short term liabilities (THB1.8B).
Long Term Liabilities: COCOCO-R's short term assets (THB2.6B) exceed its long term liabilities (THB74.9M).
Debt to Equity History and Analysis
Debt Level: COCOCO-R's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if COCOCO-R's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COCOCO-R's debt is well covered by operating cash flow (33.6%).
Interest Coverage: COCOCO-R's interest payments on its debt are well covered by EBIT (23.8x coverage).