NFC Balance Sheet Health
Financial Health criteria checks 1/6
NFC has a total shareholder equity of THB1.5B and total debt of THB1.6B, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are THB7.8B and THB6.3B respectively. NFC's EBIT is THB478.9M making its interest coverage ratio 1.4. It has cash and short-term investments of THB354.3M.
Key information
112.1%
Debt to equity ratio
฿1.63b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿354.26m |
| Equity | ฿1.45b |
| Total liabilities | ฿6.31b |
| Total assets | ฿7.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFC-R's short term assets (THB695.6M) do not cover its short term liabilities (THB1.0B).
Long Term Liabilities: NFC-R's short term assets (THB695.6M) do not cover its long term liabilities (THB5.3B).
Debt to Equity History and Analysis
Debt Level: NFC-R's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: NFC-R's debt to equity ratio has increased from 32.6% to 112.1% over the past 5 years.
Debt Coverage: NFC-R's debt is well covered by operating cash flow (27.8%).
Interest Coverage: NFC-R's interest payments on its debt are not well covered by EBIT (1.4x coverage).