Diamond Building Products Balance Sheet Health
Financial Health criteria checks 6/6
Diamond Building Products has a total shareholder equity of THB2.7B and total debt of THB318.5M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are THB3.9B and THB1.1B respectively. Diamond Building Products's EBIT is THB789.6M making its interest coverage ratio 150.3. It has cash and short-term investments of THB25.6M.
Key information
11.7%
Debt to equity ratio
฿318.50m
Debt
Interest coverage ratio | 150.3x |
Cash | ฿25.60m |
Equity | ฿2.71b |
Total liabilities | ฿1.14b |
Total assets | ฿3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRT-R's short term assets (THB1.6B) exceed its short term liabilities (THB772.9M).
Long Term Liabilities: DRT-R's short term assets (THB1.6B) exceed its long term liabilities (THB367.0M).
Debt to Equity History and Analysis
Debt Level: DRT-R's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: DRT-R's debt to equity ratio has reduced from 16.3% to 11.7% over the past 5 years.
Debt Coverage: DRT-R's debt is well covered by operating cash flow (356.8%).
Interest Coverage: DRT-R's interest payments on its debt are well covered by EBIT (150.3x coverage).