Thai Beverage Balance Sheet Health
Financial Health criteria checks 3/6
Thai Beverage has a total shareholder equity of THB240.5B and total debt of THB207.3B, which brings its debt-to-equity ratio to 86.2%. Its total assets and total liabilities are THB496.2B and THB255.7B respectively. Thai Beverage's EBIT is THB37.2B making its interest coverage ratio 7.9. It has cash and short-term investments of THB46.3B.
Key information
86.2%
Debt to equity ratio
฿207.26b
Debt
| Interest coverage ratio | 7.9x |
| Cash | ฿46.26b |
| Equity | ฿240.52b |
| Total liabilities | ฿255.69b |
| Total assets | ฿496.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBVP.F's short term assets (THB115.6B) exceed its short term liabilities (THB73.6B).
Long Term Liabilities: TBVP.F's short term assets (THB115.6B) do not cover its long term liabilities (THB182.1B).
Debt to Equity History and Analysis
Debt Level: TBVP.F's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: TBVP.F's debt to equity ratio has reduced from 140.2% to 86.2% over the past 5 years.
Debt Coverage: TBVP.F's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: TBVP.F's interest payments on its debt are well covered by EBIT (7.9x coverage).