Thai Union Feedmill Balance Sheet Health
Financial Health criteria checks 6/6
Thai Union Feedmill has a total shareholder equity of THB2.6B and total debt of THB171.3M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are THB3.5B and THB870.6M respectively. Thai Union Feedmill's EBIT is THB167.2M making its interest coverage ratio 14.9. It has cash and short-term investments of THB634.0M.
Key information
6.6%
Debt to equity ratio
฿171.35m
Debt
Interest coverage ratio | 14.9x |
Cash | ฿634.00m |
Equity | ฿2.58b |
Total liabilities | ฿870.62m |
Total assets | ฿3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFM-R's short term assets (THB1.9B) exceed its short term liabilities (THB638.4M).
Long Term Liabilities: TFM-R's short term assets (THB1.9B) exceed its long term liabilities (THB232.2M).
Debt to Equity History and Analysis
Debt Level: TFM-R has more cash than its total debt.
Reducing Debt: TFM-R's debt to equity ratio has reduced from 38.5% to 6.6% over the past 5 years.
Debt Coverage: TFM-R's debt is well covered by operating cash flow (190.3%).
Interest Coverage: TFM-R's interest payments on its debt are well covered by EBIT (14.9x coverage).