Right Tunnelling Balance Sheet Health
Financial Health criteria checks 2/6
Right Tunnelling has a total shareholder equity of THB1.3B and total debt of THB2.6B, which brings its debt-to-equity ratio to 208.1%. Its total assets and total liabilities are THB6.2B and THB4.9B respectively. Right Tunnelling's EBIT is THB243.4M making its interest coverage ratio 1.4. It has cash and short-term investments of THB18.7M.
Key information
208.1%
Debt to equity ratio
฿2.61b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿18.73m |
| Equity | ฿1.25b |
| Total liabilities | ฿4.93b |
| Total assets | ฿6.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RT-R's short term assets (THB4.3B) exceed its short term liabilities (THB4.0B).
Long Term Liabilities: RT-R's short term assets (THB4.3B) exceed its long term liabilities (THB914.0M).
Debt to Equity History and Analysis
Debt Level: RT-R's net debt to equity ratio (206.6%) is considered high.
Reducing Debt: RT-R's debt to equity ratio has increased from 197.8% to 208.1% over the past 5 years.
Debt Coverage: RT-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RT-R's interest payments on its debt are not well covered by EBIT (1.4x coverage).