Toray Textiles (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Toray Textiles (Thailand) has a total shareholder equity of THB7.3B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB9.0B and THB1.7B respectively. Toray Textiles (Thailand)'s EBIT is THB387.4M making its interest coverage ratio 35.7. It has cash and short-term investments of THB1.5B.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 35.7x |
| Cash | ฿1.46b |
| Equity | ฿7.33b |
| Total liabilities | ฿1.69b |
| Total assets | ฿9.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTT-R's short term assets (THB5.0B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: TTT-R's short term assets (THB5.0B) exceed its long term liabilities (THB543.2M).
Debt to Equity History and Analysis
Debt Level: TTT-R is debt free.
Reducing Debt: TTT-R has no debt compared to 5 years ago when its debt to equity ratio was 12%.
Debt Coverage: TTT-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TTT-R has no debt, therefore coverage of interest payments is not a concern.