Taokaenoi Food & Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Taokaenoi Food & Marketing has a total shareholder equity of THB2.5B and total debt of THB130.6M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are THB3.5B and THB920.3M respectively. Taokaenoi Food & Marketing's EBIT is THB907.6M making its interest coverage ratio 83.3. It has cash and short-term investments of THB349.4M.
Key information
5.2%
Debt to equity ratio
฿130.61m
Debt
Interest coverage ratio | 83.3x |
Cash | ฿349.35m |
Equity | ฿2.53b |
Total liabilities | ฿920.31m |
Total assets | ฿3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKN-R's short term assets (THB2.3B) exceed its short term liabilities (THB752.1M).
Long Term Liabilities: TKN-R's short term assets (THB2.3B) exceed its long term liabilities (THB168.2M).
Debt to Equity History and Analysis
Debt Level: TKN-R has more cash than its total debt.
Reducing Debt: TKN-R's debt to equity ratio has reduced from 45% to 5.2% over the past 5 years.
Debt Coverage: TKN-R's debt is well covered by operating cash flow (428.2%).
Interest Coverage: TKN-R's interest payments on its debt are well covered by EBIT (83.3x coverage).