Thai Union Group Balance Sheet Health
Financial Health criteria checks 4/6
Thai Union Group has a total shareholder equity of THB64.3B and total debt of THB65.1B, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are THB162.0B and THB97.8B respectively. Thai Union Group's EBIT is THB7.6B making its interest coverage ratio 4. It has cash and short-term investments of THB13.7B.
Key information
101.3%
Debt to equity ratio
฿65.09b
Debt
Interest coverage ratio | 4x |
Cash | ฿13.73b |
Equity | ฿64.27b |
Total liabilities | ฿97.76b |
Total assets | ฿162.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TU's short term assets (THB81.5B) exceed its short term liabilities (THB34.8B).
Long Term Liabilities: TU's short term assets (THB81.5B) exceed its long term liabilities (THB63.0B).
Debt to Equity History and Analysis
Debt Level: TU's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: TU's debt to equity ratio has reduced from 135.9% to 101.3% over the past 5 years.
Debt Coverage: TU's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: TU's interest payments on its debt are well covered by EBIT (4x coverage).