Millcon Steel Balance Sheet Health
Financial Health criteria checks 2/6
Millcon Steel has a total shareholder equity of THB6.8B and total debt of THB11.4B, which brings its debt-to-equity ratio to 166.9%. Its total assets and total liabilities are THB20.9B and THB14.1B respectively.
Key information
166.9%
Debt to equity ratio
฿11.39b
Debt
Interest coverage ratio | n/a |
Cash | ฿307.30m |
Equity | ฿6.82b |
Total liabilities | ฿14.13b |
Total assets | ฿20.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MILL's short term assets (THB9.1B) do not cover its short term liabilities (THB13.7B).
Long Term Liabilities: MILL's short term assets (THB9.1B) exceed its long term liabilities (THB393.6M).
Debt to Equity History and Analysis
Debt Level: MILL's net debt to equity ratio (162.4%) is considered high.
Reducing Debt: MILL's debt to equity ratio has reduced from 232.6% to 166.9% 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: Insufficient data to determine if MILL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MILL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.