Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition Balance Sheet Health
Financial Health criteria checks 3/6
Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition has a total shareholder equity of THB3.4B and total debt of THB1.4B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are THB4.9B and THB1.5B respectively. Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition's EBIT is THB327.1M making its interest coverage ratio 4.6. It has cash and short-term investments of THB19.8M.
Key information
39.8%
Debt to equity ratio
฿1.35b
Debt
Interest coverage ratio | 4.6x |
Cash | ฿19.80m |
Equity | ฿3.39b |
Total liabilities | ฿1.50b |
Total assets | ฿4.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GROREIT's short term assets (THB387.9M) exceed its short term liabilities (THB1.6M).
Long Term Liabilities: GROREIT's short term assets (THB387.9M) do not cover its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: GROREIT's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GROREIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GROREIT's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: GROREIT's interest payments on its debt are well covered by EBIT (4.6x coverage).