Nl Development Balance Sheet Health
Financial Health criteria checks 6/6
Nl Development has a total shareholder equity of THB828.3M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.6B and THB770.5M respectively. Nl Development's EBIT is THB27.6M making its interest coverage ratio 40. It has cash and short-term investments of THB707.1M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 40x |
| Cash | ฿707.10m |
| Equity | ฿828.30m |
| Total liabilities | ฿770.47m |
| Total assets | ฿1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NL-R's short term assets (THB1.3B) exceed its short term liabilities (THB653.1M).
Long Term Liabilities: NL-R's short term assets (THB1.3B) exceed its long term liabilities (THB117.4M).
Debt to Equity History and Analysis
Debt Level: NL-R is debt free.
Reducing Debt: NL-R has not had any debt for past 5 years.
Debt Coverage: NL-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NL-R has no debt, therefore coverage of interest payments is not a concern.