Thai Coconut Balance Sheet Health
Financial Health criteria checks 5/6
Thai Coconut has a total shareholder equity of THB3.4B and total debt of THB1.0B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are THB5.1B and THB1.7B respectively. Thai Coconut's EBIT is THB613.9M making its interest coverage ratio 20.3. It has cash and short-term investments of THB931.9M.
Key information
29.8%
Debt to equity ratio
฿1.00b
Debt
Interest coverage ratio | 20.3x |
Cash | ฿931.90m |
Equity | ฿3.36b |
Total liabilities | ฿1.74b |
Total assets | ฿5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COCOCO's short term assets (THB2.7B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: COCOCO's short term assets (THB2.7B) exceed its long term liabilities (THB136.1M).
Debt to Equity History and Analysis
Debt Level: COCOCO's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if COCOCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COCOCO's debt is well covered by operating cash flow (37.3%).
Interest Coverage: COCOCO's interest payments on its debt are well covered by EBIT (20.3x coverage).