Surapon Foods Balance Sheet Health
Financial Health criteria checks 6/6
Surapon Foods has a total shareholder equity of THB2.4B and total debt of THB928.9M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are THB4.2B and THB1.8B respectively. Surapon Foods's EBIT is THB310.6M making its interest coverage ratio 11.7. It has cash and short-term investments of THB458.1M.
Key information
39.1%
Debt to equity ratio
฿928.93m
Debt
Interest coverage ratio | 11.7x |
Cash | ฿458.10m |
Equity | ฿2.37b |
Total liabilities | ฿1.78b |
Total assets | ฿4.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSF-R's short term assets (THB1.4B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: SSF-R's short term assets (THB1.4B) exceed its long term liabilities (THB501.7M).
Debt to Equity History and Analysis
Debt Level: SSF-R's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: SSF-R's debt to equity ratio has reduced from 65% to 39.1% over the past 5 years.
Debt Coverage: SSF-R's debt is well covered by operating cash flow (69.3%).
Interest Coverage: SSF-R's interest payments on its debt are well covered by EBIT (11.7x coverage).