Thai Vegetable Oil Public Company Limited

SET:TVO Stock Report

Market Cap: ฿21.5b

Thai Vegetable Oil Balance Sheet Health

Financial Health criteria checks 5/6

Thai Vegetable Oil has a total shareholder equity of THB10.8B and total debt of THB1.4B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are THB14.7B and THB3.9B respectively. Thai Vegetable Oil's EBIT is THB1.4B making its interest coverage ratio -34.7. It has cash and short-term investments of THB388.0M.

Key information

13.2%

Debt to equity ratio

฿1.42b

Debt

Interest coverage ratio-34.7x
Cash฿388.03m
Equity฿10.76b
Total liabilities฿3.93b
Total assets฿14.68b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TVO's short term assets (THB9.7B) exceed its short term liabilities (THB3.7B).

Long Term Liabilities: TVO's short term assets (THB9.7B) exceed its long term liabilities (THB209.1M).


Debt to Equity History and Analysis

Debt Level: TVO's net debt to equity ratio (9.6%) is considered satisfactory.

Reducing Debt: TVO's debt to equity ratio has increased from 4.4% to 13.2% over the past 5 years.

Debt Coverage: TVO's debt is well covered by operating cash flow (93.8%).

Interest Coverage: TVO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies