N.D. Rubber Balance Sheet Health
Financial Health criteria checks 6/6
N.D. Rubber has a total shareholder equity of THB865.3M and total debt of THB120.0M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are THB1.1B and THB259.9M respectively. N.D. Rubber's EBIT is THB40.3M making its interest coverage ratio 8. It has cash and short-term investments of THB146.5M.
Key information
13.9%
Debt to equity ratio
฿119.99m
Debt
| Interest coverage ratio | 8x |
| Cash | ฿146.45m |
| Equity | ฿865.34m |
| Total liabilities | ฿259.93m |
| Total assets | ฿1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDR's short term assets (THB443.8M) exceed its short term liabilities (THB192.7M).
Long Term Liabilities: NDR's short term assets (THB443.8M) exceed its long term liabilities (THB67.3M).
Debt to Equity History and Analysis
Debt Level: NDR has more cash than its total debt.
Reducing Debt: NDR's debt to equity ratio has reduced from 19.5% to 13.9% over the past 5 years.
Debt Coverage: NDR's debt is well covered by operating cash flow (36.3%).
Interest Coverage: NDR's interest payments on its debt are well covered by EBIT (8x coverage).