TRC Construction Balance Sheet Health
Financial Health criteria checks 1/6
TRC Construction has a total shareholder equity of THB98.2M and total debt of THB1.1B, which brings its debt-to-equity ratio to 1098.1%. Its total assets and total liabilities are THB4.1B and THB4.0B respectively.
Key information
1,098.1%
Debt to equity ratio
฿1.08b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿55.69m |
| Equity | ฿98.23m |
| Total liabilities | ฿4.01b |
| Total assets | ฿4.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRC-R's short term assets (THB3.1B) do not cover its short term liabilities (THB3.8B).
Long Term Liabilities: TRC-R's short term assets (THB3.1B) exceed its long term liabilities (THB246.3M).
Debt to Equity History and Analysis
Debt Level: TRC-R's net debt to equity ratio (1041.4%) is considered high.
Reducing Debt: TRC-R's debt to equity ratio has increased from 64.2% to 1098.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TRC-R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TRC-R has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.9% each year.