Diamond Building Products Balance Sheet Health
Financial Health criteria checks 6/6
Diamond Building Products has a total shareholder equity of THB2.6B and total debt of THB447.0M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are THB3.8B and THB1.2B respectively. Diamond Building Products's EBIT is THB779.4M making its interest coverage ratio 80.2. It has cash and short-term investments of THB15.2M.
Key information
17.3%
Debt to equity ratio
฿447.00m
Debt
Interest coverage ratio | 80.2x |
Cash | ฿15.19m |
Equity | ฿2.58b |
Total liabilities | ฿1.20b |
Total assets | ฿3.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRT's short term assets (THB1.6B) exceed its short term liabilities (THB865.8M).
Long Term Liabilities: DRT's short term assets (THB1.6B) exceed its long term liabilities (THB330.8M).
Debt to Equity History and Analysis
Debt Level: DRT's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: DRT's debt to equity ratio has reduced from 24.6% to 17.3% over the past 5 years.
Debt Coverage: DRT's debt is well covered by operating cash flow (257.4%).
Interest Coverage: DRT's interest payments on its debt are well covered by EBIT (80.2x coverage).