Thai Union Group Balance Sheet Health
Financial Health criteria checks 4/6
Thai Union Group has a total shareholder equity of THB62.5B and total debt of THB64.4B, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are THB161.5B and THB99.0B respectively. Thai Union Group's EBIT is THB7.8B making its interest coverage ratio 4.1. It has cash and short-term investments of THB14.2B.
Key information
103.1%
Debt to equity ratio
฿64.45b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ฿14.22b |
| Equity | ฿62.50b |
| Total liabilities | ฿98.99b |
| Total assets | ฿161.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THFR.F's short term assets (THB81.4B) exceed its short term liabilities (THB36.0B).
Long Term Liabilities: THFR.F's short term assets (THB81.4B) exceed its long term liabilities (THB63.0B).
Debt to Equity History and Analysis
Debt Level: THFR.F's net debt to equity ratio (80.4%) is considered high.
Reducing Debt: THFR.F's debt to equity ratio has reduced from 138.8% to 103.1% over the past 5 years.
Debt Coverage: THFR.F's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: THFR.F's interest payments on its debt are well covered by EBIT (4.1x coverage).