Thaifoods Group Balance Sheet Health
Financial Health criteria checks 1/6
Thaifoods Group has a total shareholder equity of THB13.7B and total debt of THB22.7B, which brings its debt-to-equity ratio to 166.1%. Its total assets and total liabilities are THB47.1B and THB33.4B respectively. Thaifoods Group's EBIT is THB385.0M making its interest coverage ratio 0.4. It has cash and short-term investments of THB1.8B.
Key information
166.1%
Debt to equity ratio
฿22.75b
Debt
Interest coverage ratio | 0.4x |
Cash | ฿1.82b |
Equity | ฿13.70b |
Total liabilities | ฿33.45b |
Total assets | ฿47.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFG's short term assets (THB19.3B) do not cover its short term liabilities (THB22.8B).
Long Term Liabilities: TFG's short term assets (THB19.3B) exceed its long term liabilities (THB10.6B).
Debt to Equity History and Analysis
Debt Level: TFG's net debt to equity ratio (152.8%) is considered high.
Reducing Debt: TFG's debt to equity ratio has increased from 123.5% to 166.1% over the past 5 years.
Debt Coverage: TFG's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: TFG's interest payments on its debt are not well covered by EBIT (0.4x coverage).