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.