Thai Beverage Balance Sheet Health
Financial Health criteria checks 3/6
Thai Beverage has a total shareholder equity of THB241.5B and total debt of THB202.3B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are THB494.5B and THB253.0B respectively. Thai Beverage's EBIT is THB36.2B making its interest coverage ratio 8.4. It has cash and short-term investments of THB46.7B.
Key information
83.8%
Debt to equity ratio
฿202.29b
Debt
Interest coverage ratio | 8.4x |
Cash | ฿46.66b |
Equity | ฿241.52b |
Total liabilities | ฿253.03b |
Total assets | ฿494.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBVP.Y's short term assets (THB109.2B) exceed its short term liabilities (THB98.1B).
Long Term Liabilities: TBVP.Y's short term assets (THB109.2B) do not cover its long term liabilities (THB154.9B).
Debt to Equity History and Analysis
Debt Level: TBVP.Y's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: TBVP.Y's debt to equity ratio has reduced from 148.8% to 83.8% over the past 5 years.
Debt Coverage: TBVP.Y's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: TBVP.Y's interest payments on its debt are well covered by EBIT (8.4x coverage).