Regional Container Lines Balance Sheet Health
Financial Health criteria checks 6/6
Regional Container Lines has a total shareholder equity of THB43.6B and total debt of THB3.4B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are THB56.4B and THB12.7B respectively. Regional Container Lines's EBIT is THB2.0B making its interest coverage ratio -11.7. It has cash and short-term investments of THB14.1B.
Key information
7.7%
Debt to equity ratio
฿3.36b
Debt
Interest coverage ratio | -11.7x |
Cash | ฿14.06b |
Equity | ฿43.64b |
Total liabilities | ฿12.74b |
Total assets | ฿56.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCL-R's short term assets (THB18.7B) exceed its short term liabilities (THB7.3B).
Long Term Liabilities: RCL-R's short term assets (THB18.7B) exceed its long term liabilities (THB5.5B).
Debt to Equity History and Analysis
Debt Level: RCL-R has more cash than its total debt.
Reducing Debt: RCL-R's debt to equity ratio has reduced from 49.8% to 7.7% over the past 5 years.
Debt Coverage: RCL-R's debt is well covered by operating cash flow (200.7%).
Interest Coverage: RCL-R earns more interest than it pays, so coverage of interest payments is not a concern.