Hwa Fong Rubber (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
Hwa Fong Rubber (Thailand) has a total shareholder equity of THB3.4B and total debt of THB197.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are THB4.2B and THB745.8M respectively. Hwa Fong Rubber (Thailand)'s EBIT is THB369.0M making its interest coverage ratio -25.5. It has cash and short-term investments of THB1.3B.
Key information
5.7%
Debt to equity ratio
฿196.96m
Debt
| Interest coverage ratio | -25.5x |
| Cash | ฿1.30b |
| Equity | ฿3.44b |
| Total liabilities | ฿745.81m |
| Total assets | ฿4.19b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HFT-R's short term assets (THB2.5B) exceed its short term liabilities (THB695.5M).
Long Term Liabilities: HFT-R's short term assets (THB2.5B) exceed its long term liabilities (THB50.3M).
Debt to Equity History and Analysis
Debt Level: HFT-R has more cash than its total debt.
Reducing Debt: HFT-R's debt to equity ratio has increased from 5.1% to 5.7% over the past 5 years.
Debt Coverage: HFT-R's debt is well covered by operating cash flow (232.6%).
Interest Coverage: HFT-R earns more interest than it pays, so coverage of interest payments is not a concern.