Yong Concrete Balance Sheet Health
Financial Health criteria checks 6/6
Yong Concrete has a total shareholder equity of THB888.2M and total debt of THB141.7M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are THB1.3B and THB416.5M respectively. Yong Concrete's EBIT is THB153.4M making its interest coverage ratio 16.8. It has cash and short-term investments of THB44.2M.
Key information
15.9%
Debt to equity ratio
฿141.66m
Debt
| Interest coverage ratio | 16.8x |
| Cash | ฿44.19m |
| Equity | ฿888.20m |
| Total liabilities | ฿416.48m |
| Total assets | ฿1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YONG-R's short term assets (THB379.0M) exceed its short term liabilities (THB308.0M).
Long Term Liabilities: YONG-R's short term assets (THB379.0M) exceed its long term liabilities (THB108.5M).
Debt to Equity History and Analysis
Debt Level: YONG-R's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: YONG-R's debt to equity ratio has reduced from 93.2% to 15.9% over the past 5 years.
Debt Coverage: YONG-R's debt is well covered by operating cash flow (121.5%).
Interest Coverage: YONG-R's interest payments on its debt are well covered by EBIT (16.8x coverage).