Hwa Fong Rubber (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Hwa Fong Rubber (Thailand) has a total shareholder equity of THB3.6B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB4.1B and THB494.0M respectively. Hwa Fong Rubber (Thailand)'s EBIT is THB287.7M making its interest coverage ratio -18.9. It has cash and short-term investments of THB1.3B.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -18.9x |
Cash | ฿1.31b |
Equity | ฿3.61b |
Total liabilities | ฿494.00m |
Total assets | ฿4.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HFT-R's short term assets (THB2.4B) exceed its short term liabilities (THB443.9M).
Long Term Liabilities: HFT-R's short term assets (THB2.4B) exceed its long term liabilities (THB50.1M).
Debt to Equity History and Analysis
Debt Level: HFT-R is debt free.
Reducing Debt: HFT-R has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.
Debt Coverage: HFT-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HFT-R has no debt, therefore coverage of interest payments is not a concern.