Rayong Wire Industries Balance Sheet Health
Financial Health criteria checks 6/6
Rayong Wire Industries has a total shareholder equity of THB1.1B and total debt of THB10.4M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are THB1.2B and THB175.5M respectively.
Key information
1.0%
Debt to equity ratio
฿10.45m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿593.59m |
| Equity | ฿1.06b |
| Total liabilities | ฿175.49m |
| Total assets | ฿1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWI-R's short term assets (THB847.3M) exceed its short term liabilities (THB40.4M).
Long Term Liabilities: RWI-R's short term assets (THB847.3M) exceed its long term liabilities (THB135.1M).
Debt to Equity History and Analysis
Debt Level: RWI-R has more cash than its total debt.
Reducing Debt: RWI-R's debt to equity ratio has reduced from 20.5% to 1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RWI-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RWI-R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.5% per year.