Richy Place 2002 Balance Sheet Health
Financial Health criteria checks 3/6
Richy Place 2002 has a total shareholder equity of THB2.8B and total debt of THB4.1B, which brings its debt-to-equity ratio to 142.5%. Its total assets and total liabilities are THB7.6B and THB4.7B respectively. Richy Place 2002's EBIT is THB25.0M making its interest coverage ratio 0.2. It has cash and short-term investments of THB47.7M.
Key information
142.5%
Debt to equity ratio
฿4.05b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ฿47.65m |
| Equity | ฿2.85b |
| Total liabilities | ฿4.73b |
| Total assets | ฿7.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RICHY-R's short term assets (THB6.4B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: RICHY-R's short term assets (THB6.4B) exceed its long term liabilities (THB1.6B).
Debt to Equity History and Analysis
Debt Level: RICHY-R's net debt to equity ratio (140.8%) is considered high.
Reducing Debt: RICHY-R's debt to equity ratio has reduced from 154% to 142.5% over the past 5 years.
Debt Coverage: RICHY-R's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: RICHY-R's interest payments on its debt are not well covered by EBIT (0.2x coverage).