Raimon Land Balance Sheet Health
Financial Health criteria checks 2/6
Raimon Land has a total shareholder equity of THB3.2B and total debt of THB3.4B, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are THB7.3B and THB4.1B respectively.
Key information
105.7%
Debt to equity ratio
฿3.40b
Debt
Interest coverage ratio | n/a |
Cash | ฿316.52m |
Equity | ฿3.21b |
Total liabilities | ฿4.08b |
Total assets | ฿7.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RML's short term assets (THB3.3B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: RML's short term assets (THB3.3B) exceed its long term liabilities (THB928.3M).
Debt to Equity History and Analysis
Debt Level: RML's net debt to equity ratio (95.8%) is considered high.
Reducing Debt: RML's debt to equity ratio has increased from 94.8% to 105.7% over the past 5 years.
Debt Coverage: RML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RML's interest payments on its debt are well covered by EBIT.