Nl Development Balance Sheet Health
Financial Health criteria checks 6/6
Nl Development has a total shareholder equity of THB539.2M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.4B and THB904.6M respectively. Nl Development's EBIT is THB151.1M making its interest coverage ratio 297.9. It has cash and short-term investments of THB396.2M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 297.9x |
Cash | ฿396.20m |
Equity | ฿539.22m |
Total liabilities | ฿904.56m |
Total assets | ฿1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NL's short term assets (THB1.1B) exceed its short term liabilities (THB788.0M).
Long Term Liabilities: NL's short term assets (THB1.1B) exceed its long term liabilities (THB116.6M).
Debt to Equity History and Analysis
Debt Level: NL is debt free.
Reducing Debt: NL has not had any debt for past 5 years.
Debt Coverage: NL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NL has no debt, therefore coverage of interest payments is not a concern.