Millcon Steel Balance Sheet Health
Financial Health criteria checks 1/6
Millcon Steel has a total shareholder equity of THB1.7B and total debt of THB11.6B, which brings its debt-to-equity ratio to 694.2%. Its total assets and total liabilities are THB16.3B and THB14.6B respectively.
Key information
694.2%
Debt to equity ratio
฿11.60b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿218.15m |
| Equity | ฿1.67b |
| Total liabilities | ฿14.64b |
| Total assets | ฿16.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MILL-R's short term assets (THB4.7B) do not cover its short term liabilities (THB14.3B).
Long Term Liabilities: MILL-R's short term assets (THB4.7B) exceed its long term liabilities (THB389.3M).
Debt to Equity History and Analysis
Debt Level: MILL-R's net debt to equity ratio (681.1%) is considered high.
Reducing Debt: MILL-R's debt to equity ratio has increased from 233.7% to 694.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MILL-R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MILL-R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.9% each year