Chumporn Palm Oil Industry Balance Sheet Health
Financial Health criteria checks 3/6
Chumporn Palm Oil Industry has a total shareholder equity of THB2.6B and total debt of THB1.2B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are THB4.3B and THB1.7B respectively. Chumporn Palm Oil Industry's EBIT is THB118.3M making its interest coverage ratio 2.5. It has cash and short-term investments of THB75.4M.
Key information
45.3%
Debt to equity ratio
฿1.19b
Debt
Interest coverage ratio | 2.5x |
Cash | ฿75.43m |
Equity | ฿2.64b |
Total liabilities | ฿1.71b |
Total assets | ฿4.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPI-R's short term assets (THB1.2B) do not cover its short term liabilities (THB1.3B).
Long Term Liabilities: CPI-R's short term assets (THB1.2B) exceed its long term liabilities (THB366.4M).
Debt to Equity History and Analysis
Debt Level: CPI-R's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: CPI-R's debt to equity ratio has reduced from 128.3% to 45.3% over the past 5 years.
Debt Coverage: CPI-R's debt is well covered by operating cash flow (49.4%).
Interest Coverage: CPI-R's interest payments on its debt are not well covered by EBIT (2.5x coverage).