Thai President Foods Balance Sheet Health
Financial Health criteria checks 6/6
Thai President Foods has a total shareholder equity of THB42.6B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB47.3B and THB4.7B respectively. Thai President Foods's EBIT is THB5.3B making its interest coverage ratio -7. It has cash and short-term investments of THB16.0B.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -7x |
Cash | ฿16.02b |
Equity | ฿42.61b |
Total liabilities | ฿4.69b |
Total assets | ฿47.31b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFMAMA's short term assets (THB24.9B) exceed its short term liabilities (THB3.7B).
Long Term Liabilities: TFMAMA's short term assets (THB24.9B) exceed its long term liabilities (THB1.0B).
Debt to Equity History and Analysis
Debt Level: TFMAMA is debt free.
Reducing Debt: TFMAMA has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: TFMAMA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TFMAMA has no debt, therefore coverage of interest payments is not a concern.