Taokaenoi Food & Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Taokaenoi Food & Marketing has a total shareholder equity of THB2.2B and total debt of THB150.2M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are THB3.2B and THB1.0B respectively. Taokaenoi Food & Marketing's EBIT is THB767.3M making its interest coverage ratio 70.6. It has cash and short-term investments of THB447.8M.
Key information
6.8%
Debt to equity ratio
฿150.23m
Debt
| Interest coverage ratio | 70.6x |
| Cash | ฿447.83m |
| Equity | ฿2.20b |
| Total liabilities | ฿1.01b |
| Total assets | ฿3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKN-F's short term assets (THB2.0B) exceed its short term liabilities (THB827.7M).
Long Term Liabilities: TKN-F's short term assets (THB2.0B) exceed its long term liabilities (THB187.0M).
Debt to Equity History and Analysis
Debt Level: TKN-F has more cash than its total debt.
Reducing Debt: TKN-F's debt to equity ratio has reduced from 61.9% to 6.8% over the past 5 years.
Debt Coverage: TKN-F's debt is well covered by operating cash flow (556.9%).
Interest Coverage: TKN-F's interest payments on its debt are well covered by EBIT (70.6x coverage).