T S Flour Mill Balance Sheet Health
Financial Health criteria checks 5/6
T S Flour Mill has a total shareholder equity of THB1.1B and total debt of THB360.7M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are THB1.7B and THB664.8M respectively. T S Flour Mill's EBIT is THB80.9M making its interest coverage ratio 4.3. It has cash and short-term investments of THB77.2M.
Key information
34.0%
Debt to equity ratio
฿360.68m
Debt
Interest coverage ratio | 4.3x |
Cash | ฿77.16m |
Equity | ฿1.06b |
Total liabilities | ฿664.81m |
Total assets | ฿1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMILL's short term assets (THB1.0B) exceed its short term liabilities (THB436.2M).
Long Term Liabilities: TMILL's short term assets (THB1.0B) exceed its long term liabilities (THB228.6M).
Debt to Equity History and Analysis
Debt Level: TMILL's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: TMILL's debt to equity ratio has reduced from 42.9% to 34% over the past 5 years.
Debt Coverage: TMILL's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: TMILL's interest payments on its debt are well covered by EBIT (4.3x coverage).