Thai Vegetable Oil Balance Sheet Health
Financial Health criteria checks 5/6
Thai Vegetable Oil has a total shareholder equity of THB10.5B and total debt of THB240.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are THB14.3B and THB3.8B respectively. Thai Vegetable Oil's EBIT is THB1.8B making its interest coverage ratio -24.1. It has cash and short-term investments of THB406.6M.
Key information
2.3%
Debt to equity ratio
฿240.00m
Debt
| Interest coverage ratio | -24.1x |
| Cash | ฿406.63m |
| Equity | ฿10.47b |
| Total liabilities | ฿3.85b |
| Total assets | ฿14.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVO-R's short term assets (THB9.2B) exceed its short term liabilities (THB3.6B).
Long Term Liabilities: TVO-R's short term assets (THB9.2B) exceed its long term liabilities (THB213.6M).
Debt to Equity History and Analysis
Debt Level: TVO-R has more cash than its total debt.
Reducing Debt: TVO-R's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Debt Coverage: TVO-R's debt is well covered by operating cash flow (827.5%).
Interest Coverage: TVO-R earns more interest than it pays, so coverage of interest payments is not a concern.