Yong Concrete Balance Sheet Health
Financial Health criteria checks 6/6
Yong Concrete has a total shareholder equity of THB898.1M and total debt of THB130.4M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are THB1.3B and THB373.7M respectively. Yong Concrete's EBIT is THB123.4M making its interest coverage ratio 13.9. It has cash and short-term investments of THB42.3M.
Key information
14.5%
Debt to equity ratio
฿130.35m
Debt
| Interest coverage ratio | 13.9x |
| Cash | ฿42.33m |
| Equity | ฿898.05m |
| Total liabilities | ฿373.72m |
| Total assets | ฿1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YONG-R's short term assets (THB364.5M) exceed its short term liabilities (THB270.7M).
Long Term Liabilities: YONG-R's short term assets (THB364.5M) exceed its long term liabilities (THB103.0M).
Debt to Equity History and Analysis
Debt Level: YONG-R's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: YONG-R's debt to equity ratio has reduced from 102.1% to 14.5% over the past 5 years.
Debt Coverage: YONG-R's debt is well covered by operating cash flow (112.4%).
Interest Coverage: YONG-R's interest payments on its debt are well covered by EBIT (13.9x coverage).