Rockworth Balance Sheet Health
Financial Health criteria checks 5/6
Rockworth has a total shareholder equity of THB387.7M and total debt of THB201.0M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are THB898.5M and THB510.9M respectively. Rockworth's EBIT is THB42.0M making its interest coverage ratio 3.6. It has cash and short-term investments of THB138.9M.
Key information
51.8%
Debt to equity ratio
฿200.97m
Debt
Interest coverage ratio | 3.6x |
Cash | ฿138.94m |
Equity | ฿387.65m |
Total liabilities | ฿510.89m |
Total assets | ฿898.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCK's short term assets (THB405.5M) exceed its short term liabilities (THB361.6M).
Long Term Liabilities: ROCK's short term assets (THB405.5M) exceed its long term liabilities (THB149.3M).
Debt to Equity History and Analysis
Debt Level: ROCK's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: ROCK's debt to equity ratio has increased from 34.5% to 51.8% over the past 5 years.
Debt Coverage: ROCK's debt is well covered by operating cash flow (50.1%).
Interest Coverage: ROCK's interest payments on its debt are well covered by EBIT (3.6x coverage).