Rockworth Balance Sheet Health
Financial Health criteria checks 4/6
Rockworth has a total shareholder equity of THB381.3M and total debt of THB192.0M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are THB832.5M and THB451.2M respectively. Rockworth's EBIT is THB40.0M making its interest coverage ratio 3.6. It has cash and short-term investments of THB87.4M.
Key information
50.4%
Debt to equity ratio
฿192.00m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ฿87.39m |
| Equity | ฿381.31m |
| Total liabilities | ฿451.18m |
| Total assets | ฿832.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCK-R's short term assets (THB340.7M) exceed its short term liabilities (THB292.1M).
Long Term Liabilities: ROCK-R's short term assets (THB340.7M) exceed its long term liabilities (THB159.1M).
Debt to Equity History and Analysis
Debt Level: ROCK-R's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: ROCK-R's debt to equity ratio has increased from 35.9% to 50.4% over the past 5 years.
Debt Coverage: ROCK-R's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: ROCK-R's interest payments on its debt are well covered by EBIT (3.6x coverage).