Thai Rayon Balance Sheet Health
Financial Health criteria checks 2/6
Thai Rayon has a total shareholder equity of THB28.7B and total debt of THB642.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are THB35.2B and THB6.5B respectively.
Key information
2.2%
Debt to equity ratio
฿642.00m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿75.42m |
| Equity | ฿28.67b |
| Total liabilities | ฿6.48b |
| Total assets | ฿35.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TR's short term assets (THB4.4B) do not cover its short term liabilities (THB5.4B).
Long Term Liabilities: TR's short term assets (THB4.4B) exceed its long term liabilities (THB1.1B).
Debt to Equity History and Analysis
Debt Level: TR's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: TR's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: TR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TR's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 09:56 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thai Rayon Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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