Chiangmai Rimdoi Balance Sheet Health
Financial Health criteria checks 3/6
Chiangmai Rimdoi has a total shareholder equity of THB281.9M and total debt of THB164.3M, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are THB841.8M and THB559.9M respectively.
Key information
58.3%
Debt to equity ratio
฿164.29m
Debt
Interest coverage ratio | n/a |
Cash | ฿5.35m |
Equity | ฿281.94m |
Total liabilities | ฿559.89m |
Total assets | ฿841.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRD's short term assets (THB425.0M) do not cover its short term liabilities (THB427.4M).
Long Term Liabilities: CRD's short term assets (THB425.0M) exceed its long term liabilities (THB132.5M).
Debt to Equity History and Analysis
Debt Level: CRD's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: CRD's debt to equity ratio has increased from 17.3% to 58.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CRD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CRD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.4% per year.