Thai Rubber Latex Group Balance Sheet Health
Financial Health criteria checks 2/6
Thai Rubber Latex Group has a total shareholder equity of THB3.4B and total debt of THB4.3B, which brings its debt-to-equity ratio to 126.6%. Its total assets and total liabilities are THB8.8B and THB5.4B respectively.
Key information
126.6%
Debt to equity ratio
฿4.27b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿209.08m |
| Equity | ฿3.38b |
| Total liabilities | ฿5.44b |
| Total assets | ฿8.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRUBB's short term assets (THB2.5B) do not cover its short term liabilities (THB4.3B).
Long Term Liabilities: TRUBB's short term assets (THB2.5B) exceed its long term liabilities (THB1.1B).
Debt to Equity History and Analysis
Debt Level: TRUBB's net debt to equity ratio (120.4%) is considered high.
Reducing Debt: TRUBB's debt to equity ratio has reduced from 223.5% to 126.6% 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: TRUBB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TRUBB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.6% each year