Richy Place 2002 Balance Sheet Health
Financial Health criteria checks 2/6
Richy Place 2002 has a total shareholder equity of THB2.9B and total debt of THB3.2B, which brings its debt-to-equity ratio to 111.1%. Its total assets and total liabilities are THB6.9B and THB4.0B respectively. Richy Place 2002's EBIT is THB25.5M making its interest coverage ratio 0.3. It has cash and short-term investments of THB44.6M.
Key information
111.1%
Debt to equity ratio
฿3.24b
Debt
Interest coverage ratio | 0.3x |
Cash | ฿44.56m |
Equity | ฿2.91b |
Total liabilities | ฿3.99b |
Total assets | ฿6.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RICHY's short term assets (THB6.3B) exceed its short term liabilities (THB2.9B).
Long Term Liabilities: RICHY's short term assets (THB6.3B) exceed its long term liabilities (THB1.1B).
Debt to Equity History and Analysis
Debt Level: RICHY's net debt to equity ratio (109.6%) is considered high.
Reducing Debt: RICHY's debt to equity ratio has increased from 90.1% to 111.1% over the past 5 years.
Debt Coverage: RICHY's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: RICHY's interest payments on its debt are not well covered by EBIT (0.3x coverage).