Nl Development Balance Sheet Health
Financial Health criteria checks 6/6
Nl Development has a total shareholder equity of THB826.3M 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 THB74.5M making its interest coverage ratio 117.6. It has cash and short-term investments of THB808.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 117.6x |
| Cash | ฿808.71m |
| Equity | ฿826.35m |
| Total liabilities | ฿842.38m |
| Total assets | ฿1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NL's short term assets (THB1.4B) exceed its short term liabilities (THB713.5M).
Long Term Liabilities: NL's short term assets (THB1.4B) exceed its long term liabilities (THB128.9M).
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.