Thai Future Incorporation Balance Sheet Health
Financial Health criteria checks 3/6
Thai Future Incorporation has a total shareholder equity of THB2.0B and total debt of THB200.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are THB2.7B and THB667.8M respectively.
Key information
9.9%
Debt to equity ratio
฿200.00m
Debt
Interest coverage ratio | n/a |
Cash | ฿29.33m |
Equity | ฿2.02b |
Total liabilities | ฿667.78m |
Total assets | ฿2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFI's short term assets (THB317.7M) exceed its short term liabilities (THB301.2M).
Long Term Liabilities: TFI's short term assets (THB317.7M) do not cover its long term liabilities (THB366.6M).
Debt to Equity History and Analysis
Debt Level: TFI's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: TFI's debt to equity ratio has reduced from 345.9% to 9.9% 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: 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 46.6% each year