Millcon Steel Balance Sheet Health
Financial Health criteria checks 1/6
Millcon Steel has a total shareholder equity of THB4.6B and total debt of THB11.8B, which brings its debt-to-equity ratio to 257.4%. Its total assets and total liabilities are THB19.4B and THB14.8B respectively.
Key information
257.4%
Debt to equity ratio
฿11.79b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿218.24m |
| Equity | ฿4.58b |
| Total liabilities | ฿14.78b |
| Total assets | ฿19.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MILL-R's short term assets (THB7.7B) do not cover its short term liabilities (THB14.4B).
Long Term Liabilities: MILL-R's short term assets (THB7.7B) exceed its long term liabilities (THB374.3M).
Debt to Equity History and Analysis
Debt Level: MILL-R's net debt to equity ratio (252.7%) is considered high.
Reducing Debt: MILL-R's debt to equity ratio has increased from 238.2% to 257.4% 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 11.5% each year