Rayong Wire Industries Public Company Limited

SET:RWI-R Stock Report

Market Cap: ฿530.9m

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 ration/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.


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