Nl Development Balance Sheet Health
Financial Health criteria checks 6/6
Nl Development has a total shareholder equity of THB881.3M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.7B and THB842.4M respectively. Nl Development's EBIT is THB133.2M making its interest coverage ratio 235.5. It has cash and short-term investments of THB854.3M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 235.5x |
Cash | ฿854.33m |
Equity | ฿881.26m |
Total liabilities | ฿842.38m |
Total assets | ฿1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NL-R's short term assets (THB1.4B) exceed its short term liabilities (THB713.3M).
Long Term Liabilities: NL-R's short term assets (THB1.4B) exceed its long term liabilities (THB129.0M).
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.