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 THB195.1M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are THB3.5B and THB904.8M respectively. Thai Union Feedmill's EBIT is THB249.3M making its interest coverage ratio 20. It has cash and short-term investments of THB796.8M.
Key information
7.4%
Debt to equity ratio
฿195.07m
Debt
Interest coverage ratio | 20x |
Cash | ฿796.83m |
Equity | ฿2.64b |
Total liabilities | ฿904.84m |
Total assets | ฿3.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFM's short term assets (THB2.1B) exceed its short term liabilities (THB679.6M).
Long Term Liabilities: TFM's short term assets (THB2.1B) exceed its long term liabilities (THB225.2M).
Debt to Equity History and Analysis
Debt Level: TFM has more cash than its total debt.
Reducing Debt: TFM's debt to equity ratio has reduced from 39.8% to 7.4% over the past 5 years.
Debt Coverage: TFM's debt is well covered by operating cash flow (262.5%).
Interest Coverage: TFM's interest payments on its debt are well covered by EBIT (20x coverage).