Food and Drinks Balance Sheet Health
Financial Health criteria checks 5/6
Food and Drinks has a total shareholder equity of THB1.3B and total debt of THB19.6M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are THB1.7B and THB367.3M respectively. Food and Drinks's EBIT is THB66.7M making its interest coverage ratio 81.1. It has cash and short-term investments of THB49.2M.
Key information
1.5%
Debt to equity ratio
฿19.55m
Debt
| Interest coverage ratio | 81.1x |
| Cash | ฿49.23m |
| Equity | ฿1.32b |
| Total liabilities | ฿367.25m |
| Total assets | ฿1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F&D-R's short term assets (THB213.1M) exceed its short term liabilities (THB101.7M).
Long Term Liabilities: F&D-R's short term assets (THB213.1M) do not cover its long term liabilities (THB265.5M).
Debt to Equity History and Analysis
Debt Level: F&D-R has more cash than its total debt.
Reducing Debt: F&D-R's debt to equity ratio has reduced from 18.1% to 1.5% over the past 5 years.
Debt Coverage: F&D-R's debt is well covered by operating cash flow (424.2%).
Interest Coverage: F&D-R's interest payments on its debt are well covered by EBIT (81.1x coverage).