Thai Metal Drum Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Thai Metal Drum Manufacturing has a total shareholder equity of THB3.4B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB3.7B and THB284.9M respectively. Thai Metal Drum Manufacturing's EBIT is THB346.9M making its interest coverage ratio -5.7. It has cash and short-term investments of THB1.3B.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -5.7x |
| Cash | ฿1.32b |
| Equity | ฿3.43b |
| Total liabilities | ฿284.93m |
| Total assets | ฿3.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMD-R's short term assets (THB1.9B) exceed its short term liabilities (THB163.9M).
Long Term Liabilities: TMD-R's short term assets (THB1.9B) exceed its long term liabilities (THB121.0M).
Debt to Equity History and Analysis
Debt Level: TMD-R is debt free.
Reducing Debt: TMD-R has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: TMD-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TMD-R has no debt, therefore coverage of interest payments is not a concern.