Thai Future Incorporation Balance Sheet Health
Financial Health criteria checks 2/6
Thai Future Incorporation has a total shareholder equity of THB2.1B and total debt of THB176.6M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are THB2.8B and THB746.8M respectively.
Key information
8.5%
Debt to equity ratio
฿176.60m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿16.46m |
| Equity | ฿2.09b |
| Total liabilities | ฿746.77m |
| Total assets | ฿2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFI's short term assets (THB275.8M) do not cover its short term liabilities (THB324.1M).
Long Term Liabilities: TFI's short term assets (THB275.8M) do not cover its long term liabilities (THB422.7M).
Debt to Equity History and Analysis
Debt Level: TFI's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: TFI's debt to equity ratio has reduced from 540.5% to 8.5% 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: TFI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TFI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.1% each year