NFC Balance Sheet Health
Financial Health criteria checks 1/6
NFC has a total shareholder equity of THB1.4B and total debt of THB1.6B, which brings its debt-to-equity ratio to 112.4%. Its total assets and total liabilities are THB7.8B and THB6.3B respectively. NFC's EBIT is THB390.1M making its interest coverage ratio 1.6. It has cash and short-term investments of THB361.9M.
Key information
112.4%
Debt to equity ratio
฿1.59b
Debt
Interest coverage ratio | 1.6x |
Cash | ฿361.89m |
Equity | ฿1.41b |
Total liabilities | ฿6.34b |
Total assets | ฿7.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFC's short term assets (THB732.0M) do not cover its short term liabilities (THB982.8M).
Long Term Liabilities: NFC's short term assets (THB732.0M) do not cover its long term liabilities (THB5.4B).
Debt to Equity History and Analysis
Debt Level: NFC's net debt to equity ratio (86.7%) is considered high.
Reducing Debt: NFC's debt to equity ratio has increased from 21.4% to 112.4% over the past 5 years.
Debt Coverage: NFC's debt is well covered by operating cash flow (28.4%).
Interest Coverage: NFC's interest payments on its debt are not well covered by EBIT (1.6x coverage).