Tipco Foods Balance Sheet Health
Financial Health criteria checks 2/6
Tipco Foods has a total shareholder equity of THB3.6B and total debt of THB1.6B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are THB5.9B and THB2.3B respectively.
Key information
44.0%
Debt to equity ratio
฿1.60b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿25.84m |
| Equity | ฿3.64b |
| Total liabilities | ฿2.29b |
| Total assets | ฿5.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIPCO's short term assets (THB996.2M) do not cover its short term liabilities (THB2.1B).
Long Term Liabilities: TIPCO's short term assets (THB996.2M) exceed its long term liabilities (THB234.8M).
Debt to Equity History and Analysis
Debt Level: TIPCO's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: TIPCO's debt to equity ratio has reduced from 49.6% to 44% over the past 5 years.
Debt Coverage: TIPCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TIPCO's interest payments on its debt are well covered by EBIT.