N.D. Rubber Balance Sheet Health
Financial Health criteria checks 5/6
N.D. Rubber has a total shareholder equity of THB752.8M and total debt of THB128.4M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are THB1.0B and THB286.4M respectively. N.D. Rubber's EBIT is THB9.1M making its interest coverage ratio 2.1. It has cash and short-term investments of THB111.5M.
Key information
17.1%
Debt to equity ratio
฿128.37m
Debt
Interest coverage ratio | 2.1x |
Cash | ฿111.46m |
Equity | ฿752.81m |
Total liabilities | ฿286.42m |
Total assets | ฿1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDR's short term assets (THB394.4M) exceed its short term liabilities (THB206.0M).
Long Term Liabilities: NDR's short term assets (THB394.4M) exceed its long term liabilities (THB80.4M).
Debt to Equity History and Analysis
Debt Level: NDR's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: NDR's debt to equity ratio has reduced from 25% to 17.1% over the past 5 years.
Debt Coverage: NDR's debt is well covered by operating cash flow (36.1%).
Interest Coverage: NDR's interest payments on its debt are not well covered by EBIT (2.1x coverage).