Rockworth Balance Sheet Health
Financial Health criteria checks 4/6
Rockworth has a total shareholder equity of THB390.8M and total debt of THB188.8M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are THB849.6M and THB458.8M respectively. Rockworth's EBIT is THB51.2M making its interest coverage ratio 4.3. It has cash and short-term investments of THB95.2M.
Key information
48.3%
Debt to equity ratio
฿188.83m
Debt
| Interest coverage ratio | 4.3x |
| Cash | ฿95.18m |
| Equity | ฿390.80m |
| Total liabilities | ฿458.79m |
| Total assets | ฿849.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCK-R's short term assets (THB353.2M) exceed its short term liabilities (THB302.3M).
Long Term Liabilities: ROCK-R's short term assets (THB353.2M) exceed its long term liabilities (THB156.5M).
Debt to Equity History and Analysis
Debt Level: ROCK-R's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: ROCK-R's debt to equity ratio has increased from 35.1% to 48.3% over the past 5 years.
Debt Coverage: ROCK-R's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: ROCK-R's interest payments on its debt are well covered by EBIT (4.3x coverage).