United Palm Oil Industry Balance Sheet Health
Financial Health criteria checks 6/6
United Palm Oil Industry has a total shareholder equity of THB1.6B and total debt of THB130.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are THB1.8B and THB257.2M respectively. United Palm Oil Industry's EBIT is THB177.6M making its interest coverage ratio 49. It has cash and short-term investments of THB118.9M.
Key information
8.2%
Debt to equity ratio
฿130.00m
Debt
Interest coverage ratio | 49x |
Cash | ฿118.93m |
Equity | ฿1.59b |
Total liabilities | ฿257.22m |
Total assets | ฿1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UPOIC's short term assets (THB588.4M) exceed its short term liabilities (THB176.8M).
Long Term Liabilities: UPOIC's short term assets (THB588.4M) exceed its long term liabilities (THB80.4M).
Debt to Equity History and Analysis
Debt Level: UPOIC's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: UPOIC's debt to equity ratio has reduced from 25.7% to 8.2% over the past 5 years.
Debt Coverage: UPOIC's debt is well covered by operating cash flow (136.2%).
Interest Coverage: UPOIC's interest payments on its debt are well covered by EBIT (49x coverage).