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 39.3%. 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 THB330.0M making its interest coverage ratio 4.5. It has cash and short-term investments of THB21.1M.
Key information
39.3%
Debt to equity ratio
฿1.35b
Debt
| Interest coverage ratio | 4.5x |
| Cash | ฿21.15m |
| Equity | ฿3.43b |
| Total liabilities | ฿1.50b |
| Total assets | ฿4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GROREIT-F's short term assets (THB428.5M) exceed its short term liabilities (THB1.5M).
Long Term Liabilities: GROREIT-F's short term assets (THB428.5M) do not cover its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: GROREIT-F's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GROREIT-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GROREIT-F's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: GROREIT-F's interest payments on its debt are well covered by EBIT (4.5x coverage).