Thai Rubber Latex Group Balance Sheet Health
Financial Health criteria checks 2/6
Thai Rubber Latex Group has a total shareholder equity of THB3.5B and total debt of THB4.1B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are THB8.7B and THB5.2B respectively.
Key information
117.4%
Debt to equity ratio
฿4.12b
Debt
Interest coverage ratio | n/a |
Cash | ฿192.97m |
Equity | ฿3.51b |
Total liabilities | ฿5.22b |
Total assets | ฿8.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRUBB's short term assets (THB2.3B) do not cover its short term liabilities (THB4.0B).
Long Term Liabilities: TRUBB's short term assets (THB2.3B) exceed its long term liabilities (THB1.3B).
Debt to Equity History and Analysis
Debt Level: TRUBB's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: TRUBB's debt to equity ratio has reduced from 218.8% to 117.4% 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: Insufficient data to determine if TRUBB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TRUBB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.