Thai President Foods Balance Sheet Health
Financial Health criteria checks 5/6
Thai President Foods has a total shareholder equity of THB39.4B and total debt of THB240.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are THB43.9B and THB4.5B respectively. Thai President Foods's EBIT is THB4.1B making its interest coverage ratio -7.7. It has cash and short-term investments of THB13.4B.
Key information
0.6%
Debt to equity ratio
฿240.00m
Debt
| Interest coverage ratio | -7.7x |
| Cash | ฿13.39b |
| Equity | ฿39.41b |
| Total liabilities | ฿4.51b |
| Total assets | ฿43.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFMAMA-F's short term assets (THB20.2B) exceed its short term liabilities (THB3.5B).
Long Term Liabilities: TFMAMA-F's short term assets (THB20.2B) exceed its long term liabilities (THB1.0B).
Debt to Equity History and Analysis
Debt Level: TFMAMA-F has more cash than its total debt.
Reducing Debt: TFMAMA-F's debt to equity ratio has increased from 0.3% to 0.6% over the past 5 years.
Debt Coverage: TFMAMA-F's debt is well covered by operating cash flow (1580.1%).
Interest Coverage: TFMAMA-F earns more interest than it pays, so coverage of interest payments is not a concern.