MFEC Balance Sheet Health
Financial Health criteria checks 5/6
MFEC has a total shareholder equity of THB2.6B and total debt of THB583.4M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are THB6.2B and THB3.6B respectively. MFEC's EBIT is THB270.7M making its interest coverage ratio 7.6. It has cash and short-term investments of THB184.3M.
Key information
22.4%
Debt to equity ratio
฿583.35m
Debt
| Interest coverage ratio | 7.6x |
| Cash | ฿184.33m |
| Equity | ฿2.60b |
| Total liabilities | ฿3.59b |
| Total assets | ฿6.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFEC-R's short term assets (THB4.7B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: MFEC-R's short term assets (THB4.7B) exceed its long term liabilities (THB384.4M).
Debt to Equity History and Analysis
Debt Level: MFEC-R's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: MFEC-R's debt to equity ratio has increased from 4% to 22.4% over the past 5 years.
Debt Coverage: MFEC-R's debt is well covered by operating cash flow (79.1%).
Interest Coverage: MFEC-R's interest payments on its debt are well covered by EBIT (7.6x coverage).