MFEC Balance Sheet Health
Financial Health criteria checks 4/6
MFEC has a total shareholder equity of THB2.6B and total debt of THB484.1M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are THB7.4B and THB4.8B respectively. MFEC's EBIT is THB130.4M making its interest coverage ratio 5.6. It has cash and short-term investments of THB315.2M.
Key information
18.9%
Debt to equity ratio
฿484.07m
Debt
Interest coverage ratio | 5.6x |
Cash | ฿315.20m |
Equity | ฿2.56b |
Total liabilities | ฿4.82b |
Total assets | ฿7.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFEC's short term assets (THB5.9B) exceed its short term liabilities (THB4.4B).
Long Term Liabilities: MFEC's short term assets (THB5.9B) exceed its long term liabilities (THB393.5M).
Debt to Equity History and Analysis
Debt Level: MFEC's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: MFEC's debt to equity ratio has increased from 0% to 18.9% over the past 5 years.
Debt Coverage: MFEC's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: MFEC's interest payments on its debt are well covered by EBIT (5.6x coverage).