Tipco Foods Balance Sheet Health
Financial Health criteria checks 3/6
Tipco Foods has a total shareholder equity of THB4.2B and total debt of THB1.5B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are THB6.4B and THB2.2B respectively.
Key information
36.8%
Debt to equity ratio
฿1.53b
Debt
Interest coverage ratio | n/a |
Cash | ฿86.57m |
Equity | ฿4.17b |
Total liabilities | ฿2.20b |
Total assets | ฿6.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIPCO-R's short term assets (THB1.1B) do not cover its short term liabilities (THB1.4B).
Long Term Liabilities: TIPCO-R's short term assets (THB1.1B) exceed its long term liabilities (THB819.7M).
Debt to Equity History and Analysis
Debt Level: TIPCO-R's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: TIPCO-R's debt to equity ratio has reduced from 46.1% to 36.8% over the past 5 years.
Debt Coverage: TIPCO-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TIPCO-R's interest payments on its debt are well covered by EBIT.