Analyze the Financial Alarms of Tap Pud Agricultural Cooperative Limited. Phang-Nga Province.

Abstract

The objectives of this study were 1) to analyze the performance and financial status of Tap Pud Agricultural Cooperative Limited. and 2) to analyze the financial alarms and to suggest financial management guidelines of Tap Pud Agricultural Cooperative Limited. The study method were secondary data. By collecting data from the financial reports for the Fiscal Year 2018 – 2022. Data analysis by vertical, trends and financial analysis using of ratios from six-dimensional perspectives which were compared with the average of very large agricultural cooperatives. The results of the study found that: 1) The cooperative's performance has increased sales/services, especially in 2022. Cost of sales/services, business-specific expenses and operating expenses increased as well. Net profit was uncertain as a result of sales/service costs and higher costs. The cooperative's assets were loans to its members more than 65.80 %, debts were deposits from members more than 59.44 % and the cooperative's capital were more than 21.41% share capital. 2) Financial alarm of cooperatives from the analysis of financial ratios from six-dimensional perspectives.: (1) Capital strength: debt-to-equity ratio was higher than average.; (2) Asset quality :rate of debtors was higher than average; (3) Management ability: the business growth rate was lower than average; (4) Earning sufficiency: the ratio of operating expenses to profit before operating expenses was higher than average; (5) Liquidity: working capital ratio and product turnover ratio are below average, the average age of the product was above average, and the rate of short-term debtors being able to pay on time was lower than average.; (6) Sensitivity: the cooperative has been impacted by external interest rates, competitors, and COVID-19 ; and financial management guidelines; the cooperative has a high rate of outstanding debt. Must plan to seriously pursue and collect debts. The cooperative has more debt than its capital. The cooperative should increase its capital by increasing business volume and earning sufficiency, control sales/service costs and operating expenses; and reduce interest rates on deposits and interest rates on loans.