Thai Union Group Balance Sheet Health
Financial Health criteria checks 5/6
Thai Union Group has a total shareholder equity of THB62.6B and total debt of THB62.2B, which brings its debt-to-equity ratio to 99.4%. Its total assets and total liabilities are THB155.5B and THB92.9B respectively. Thai Union Group's EBIT is THB7.7B making its interest coverage ratio 4.1. It has cash and short-term investments of THB13.4B.
Key information
99.4%
Debt to equity ratio
฿62.22b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ฿13.42b |
| Equity | ฿62.62b |
| Total liabilities | ฿92.92b |
| Total assets | ฿155.54b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TU-R's short term assets (THB80.5B) exceed its short term liabilities (THB32.3B).
Long Term Liabilities: TU-R's short term assets (THB80.5B) exceed its long term liabilities (THB60.7B).
Debt to Equity History and Analysis
Debt Level: TU-R's net debt to equity ratio (77.9%) is considered high.
Reducing Debt: TU-R's debt to equity ratio has reduced from 143.2% to 99.4% over the past 5 years.
Debt Coverage: TU-R's debt is well covered by operating cash flow (21.6%).
Interest Coverage: TU-R's interest payments on its debt are well covered by EBIT (4.1x coverage).