Food Moments Balance Sheet Health
Financial Health criteria checks 5/6
Food Moments has a total shareholder equity of THB2.0B and total debt of THB528.3M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are THB3.4B and THB1.4B respectively. Food Moments's EBIT is THB352.0M making its interest coverage ratio 8.3. It has cash and short-term investments of THB136.6M.
Key information
26.1%
Debt to equity ratio
฿528.35m
Debt
Interest coverage ratio | 8.3x |
Cash | ฿136.60m |
Equity | ฿2.02b |
Total liabilities | ฿1.42b |
Total assets | ฿3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FM's short term assets (THB1.2B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: FM's short term assets (THB1.2B) exceed its long term liabilities (THB401.7M).
Debt to Equity History and Analysis
Debt Level: FM's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FM's debt is well covered by operating cash flow (142.2%).
Interest Coverage: FM's interest payments on its debt are well covered by EBIT (8.3x coverage).