Green Resources Balance Sheet Health
Financial Health criteria checks 6/6
Green Resources has a total shareholder equity of THB767.2M and total debt of THB214.3M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are THB1.0B and THB277.7M respectively.
Key information
27.9%
Debt to equity ratio
฿214.28m
Debt
Interest coverage ratio | n/a |
Cash | ฿55.74m |
Equity | ฿767.18m |
Total liabilities | ฿277.69m |
Total assets | ฿1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GREEN-R's short term assets (THB291.2M) exceed its short term liabilities (THB44.9M).
Long Term Liabilities: GREEN-R's short term assets (THB291.2M) exceed its long term liabilities (THB232.7M).
Debt to Equity History and Analysis
Debt Level: GREEN-R's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: GREEN-R's debt to equity ratio has reduced from 29.4% to 27.9% 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: Whilst unprofitable GREEN-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GREEN-R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.8% per year.