Vichitbhan Palmoil Balance Sheet Health
Financial Health criteria checks 6/6
Vichitbhan Palmoil has a total shareholder equity of THB573.3M and total debt of THB40.3M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are THB699.8M and THB126.5M respectively. Vichitbhan Palmoil's EBIT is THB37.2M making its interest coverage ratio 3.7. It has cash and short-term investments of THB19.3M.
Key information
7.0%
Debt to equity ratio
฿40.34m
Debt
| Interest coverage ratio | 3.7x |
| Cash | ฿19.27m |
| Equity | ฿573.34m |
| Total liabilities | ฿126.47m |
| Total assets | ฿699.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPO's short term assets (THB133.0M) exceed its short term liabilities (THB83.6M).
Long Term Liabilities: VPO's short term assets (THB133.0M) exceed its long term liabilities (THB42.9M).
Debt to Equity History and Analysis
Debt Level: VPO's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: VPO's debt to equity ratio has reduced from 94.4% to 7% over the past 5 years.
Debt Coverage: VPO's debt is well covered by operating cash flow (248.4%).
Interest Coverage: VPO's interest payments on its debt are well covered by EBIT (3.7x coverage).