Thai Rayon Balance Sheet Health
Financial Health criteria checks 6/6
Thai Rayon has a total shareholder equity of THB33.0B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB36.1B and THB3.0B respectively.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | n/a |
Cash | ฿723.75m |
Equity | ฿33.03b |
Total liabilities | ฿3.04b |
Total assets | ฿36.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TR's short term assets (THB4.4B) exceed its short term liabilities (THB2.2B).
Long Term Liabilities: TR's short term assets (THB4.4B) exceed its long term liabilities (THB851.9M).
Debt to Equity History and Analysis
Debt Level: TR is debt free.
Reducing Debt: TR had no debt 5 years ago.
Debt Coverage: TR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TR has no debt, therefore coverage of interest payments is not a concern.