Roctec Global Balance Sheet Health
Financial Health criteria checks 6/6
Roctec Global has a total shareholder equity of THB4.5B and total debt of THB185.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are THB6.8B and THB2.4B respectively. Roctec Global's EBIT is THB262.3M making its interest coverage ratio -43.8. It has cash and short-term investments of THB1.5B.
Key information
4.1%
Debt to equity ratio
฿185.00m
Debt
| Interest coverage ratio | -43.8x |
| Cash | ฿1.49b |
| Equity | ฿4.46b |
| Total liabilities | ฿2.36b |
| Total assets | ฿6.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCTEC-F's short term assets (THB2.8B) exceed its short term liabilities (THB1.9B).
Long Term Liabilities: ROCTEC-F's short term assets (THB2.8B) exceed its long term liabilities (THB464.0M).
Debt to Equity History and Analysis
Debt Level: ROCTEC-F has more cash than its total debt.
Reducing Debt: ROCTEC-F's debt to equity ratio has reduced from 10.4% to 4.1% over the past 5 years.
Debt Coverage: ROCTEC-F's debt is well covered by operating cash flow (295%).
Interest Coverage: ROCTEC-F earns more interest than it pays, so coverage of interest payments is not a concern.