Thai Union Group Balance Sheet Health
Financial Health criteria checks 4/6
Thai Union Group has a total shareholder equity of THB66.0B and total debt of THB68.6B, which brings its debt-to-equity ratio to 103.9%. Its total assets and total liabilities are THB165.5B and THB99.4B respectively. Thai Union Group's EBIT is THB6.8B making its interest coverage ratio 3.6. It has cash and short-term investments of THB17.0B.
Key information
103.9%
Debt to equity ratio
฿68.62b
Debt
Interest coverage ratio | 3.6x |
Cash | ฿17.02b |
Equity | ฿66.02b |
Total liabilities | ฿99.43b |
Total assets | ฿165.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUFU.F's short term assets (THB85.8B) exceed its short term liabilities (THB50.5B).
Long Term Liabilities: TUFU.F's short term assets (THB85.8B) exceed its long term liabilities (THB49.0B).
Debt to Equity History and Analysis
Debt Level: TUFU.F's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: TUFU.F's debt to equity ratio has reduced from 138.4% to 103.9% over the past 5 years.
Debt Coverage: TUFU.F's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: TUFU.F's interest payments on its debt are well covered by EBIT (3.6x coverage).