Yong Concrete Balance Sheet Health
Financial Health criteria checks 6/6
Yong Concrete has a total shareholder equity of THB910.2M and total debt of THB123.8M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are THB1.3B and THB388.1M respectively. Yong Concrete's EBIT is THB169.9M making its interest coverage ratio 15.8. It has cash and short-term investments of THB51.0M.
Key information
13.6%
Debt to equity ratio
฿123.83m
Debt
Interest coverage ratio | 15.8x |
Cash | ฿51.04m |
Equity | ฿910.20m |
Total liabilities | ฿388.08m |
Total assets | ฿1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YONG-F's short term assets (THB385.3M) exceed its short term liabilities (THB304.5M).
Long Term Liabilities: YONG-F's short term assets (THB385.3M) exceed its long term liabilities (THB83.6M).
Debt to Equity History and Analysis
Debt Level: YONG-F's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: YONG-F's debt to equity ratio has reduced from 79.3% to 13.6% over the past 5 years.
Debt Coverage: YONG-F's debt is well covered by operating cash flow (178.3%).
Interest Coverage: YONG-F's interest payments on its debt are well covered by EBIT (15.8x coverage).