Taokaenoi Food & Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Taokaenoi Food & Marketing has a total shareholder equity of THB2.2B and total debt of THB786.8M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are THB3.9B and THB1.6B respectively. Taokaenoi Food & Marketing's EBIT is THB932.3M making its interest coverage ratio 55.4. It has cash and short-term investments of THB502.2M.
Key information
35.4%
Debt to equity ratio
฿786.84m
Debt
| Interest coverage ratio | 55.4x |
| Cash | ฿502.20m |
| Equity | ฿2.22b |
| Total liabilities | ฿1.64b |
| Total assets | ฿3.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKN's short term assets (THB2.7B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: TKN's short term assets (THB2.7B) exceed its long term liabilities (THB86.4M).
Debt to Equity History and Analysis
Debt Level: TKN's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: TKN's debt to equity ratio has reduced from 54.9% to 35.4% over the past 5 years.
Debt Coverage: TKN's debt is well covered by operating cash flow (60.3%).
Interest Coverage: TKN's interest payments on its debt are well covered by EBIT (55.4x coverage).