Roctec Global Balance Sheet Health
Financial Health criteria checks 6/6
Roctec Global has a total shareholder equity of THB4.6B and total debt of THB185.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are THB7.1B and THB2.5B respectively. Roctec Global's EBIT is THB313.9M making its interest coverage ratio -24. It has cash and short-term investments of THB1.8B.
Key information
4.0%
Debt to equity ratio
฿185.00m
Debt
| Interest coverage ratio | -24x |
| Cash | ฿1.82b |
| Equity | ฿4.64b |
| Total liabilities | ฿2.46b |
| Total assets | ฿7.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCTEC's short term assets (THB3.2B) exceed its short term liabilities (THB2.1B).
Long Term Liabilities: ROCTEC's short term assets (THB3.2B) exceed its long term liabilities (THB412.6M).
Debt to Equity History and Analysis
Debt Level: ROCTEC has more cash than its total debt.
Reducing Debt: ROCTEC's debt to equity ratio has reduced from 14.7% to 4% over the past 5 years.
Debt Coverage: ROCTEC's debt is well covered by operating cash flow (312.8%).
Interest Coverage: ROCTEC earns more interest than it pays, so coverage of interest payments is not a concern.