Thai Union Feedmill Balance Sheet Health
Financial Health criteria checks 5/6
Thai Union Feedmill has a total shareholder equity of THB2.4B and total debt of THB303.8M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are THB3.6B and THB1.2B respectively. Thai Union Feedmill's EBIT is THB123.0M making its interest coverage ratio 7.1. It has cash and short-term investments of THB462.1M.
Key information
12.6%
Debt to equity ratio
฿303.78m
Debt
| Interest coverage ratio | 7.1x |
| Cash | ฿462.07m |
| Equity | ฿2.41b |
| Total liabilities | ฿1.16b |
| Total assets | ฿3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFM-F's short term assets (THB1.9B) exceed its short term liabilities (THB766.5M).
Long Term Liabilities: TFM-F's short term assets (THB1.9B) exceed its long term liabilities (THB388.8M).
Debt to Equity History and Analysis
Debt Level: TFM-F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TFM-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TFM-F's debt is well covered by operating cash flow (63.2%).
Interest Coverage: TFM-F's interest payments on its debt are well covered by EBIT (7.1x coverage).