NR Instant Produce Balance Sheet Health
Financial Health criteria checks 2/6
NR Instant Produce has a total shareholder equity of THB3.0B and total debt of THB2.4B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are THB6.6B and THB3.6B respectively. NR Instant Produce's EBIT is THB239.5M making its interest coverage ratio 2.3. It has cash and short-term investments of THB214.9M.
Key information
81.4%
Debt to equity ratio
฿2.44b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ฿214.94m |
| Equity | ฿3.00b |
| Total liabilities | ฿3.58b |
| Total assets | ฿6.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRF-R's short term assets (THB1.7B) do not cover its short term liabilities (THB2.9B).
Long Term Liabilities: NRF-R's short term assets (THB1.7B) exceed its long term liabilities (THB648.3M).
Debt to Equity History and Analysis
Debt Level: NRF-R's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: NRF-R's debt to equity ratio has reduced from 96.7% to 81.4% over the past 5 years.
Debt Coverage: NRF-R's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: NRF-R's interest payments on its debt are not well covered by EBIT (2.3x coverage).