Food Moments Balance Sheet Health
Financial Health criteria checks 5/6
Food Moments has a total shareholder equity of THB2.2B and total debt of THB395.3M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are THB3.4B and THB1.2B respectively. Food Moments's EBIT is THB504.8M making its interest coverage ratio 13.9. It has cash and short-term investments of THB143.2M.
Key information
17.9%
Debt to equity ratio
฿395.31m
Debt
| Interest coverage ratio | 13.9x |
| Cash | ฿143.16m |
| Equity | ฿2.20b |
| Total liabilities | ฿1.19b |
| Total assets | ฿3.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FM's short term assets (THB1.1B) exceed its short term liabilities (THB812.4M).
Long Term Liabilities: FM's short term assets (THB1.1B) exceed its long term liabilities (THB377.1M).
Debt to Equity History and Analysis
Debt Level: FM's net debt to equity ratio (11.4%) 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 (190%).
Interest Coverage: FM's interest payments on its debt are well covered by EBIT (13.9x coverage).