Royal Plus Balance Sheet Health
Financial Health criteria checks 5/6
Royal Plus has a total shareholder equity of THB1.4B and total debt of THB26.9M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are THB1.7B and THB330.0M respectively. Royal Plus's EBIT is THB225.5M making its interest coverage ratio 285.7. It has cash and short-term investments of THB379.3M.
Key information
2.0%
Debt to equity ratio
฿26.93m
Debt
Interest coverage ratio | 285.7x |
Cash | ฿379.28m |
Equity | ฿1.35b |
Total liabilities | ฿329.98m |
Total assets | ฿1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLUS's short term assets (THB646.2M) exceed its short term liabilities (THB290.4M).
Long Term Liabilities: PLUS's short term assets (THB646.2M) exceed its long term liabilities (THB39.6M).
Debt to Equity History and Analysis
Debt Level: PLUS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PLUS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLUS's debt is well covered by operating cash flow (1127.2%).
Interest Coverage: PLUS's interest payments on its debt are well covered by EBIT (285.7x coverage).