Regional Container Lines Balance Sheet Health
Financial Health criteria checks 6/6
Regional Container Lines has a total shareholder equity of THB45.8B and total debt of THB6.4B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are THB60.9B and THB15.1B respectively. Regional Container Lines's EBIT is THB5.9B making its interest coverage ratio -61.3. It has cash and short-term investments of THB8.7B.
Key information
14.0%
Debt to equity ratio
฿6.40b
Debt
| Interest coverage ratio | -61.3x |
| Cash | ฿8.75b |
| Equity | ฿45.78b |
| Total liabilities | ฿15.13b |
| Total assets | ฿60.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCL's short term assets (THB14.2B) exceed its short term liabilities (THB8.3B).
Long Term Liabilities: RCL's short term assets (THB14.2B) exceed its long term liabilities (THB6.8B).
Debt to Equity History and Analysis
Debt Level: RCL has more cash than its total debt.
Reducing Debt: RCL's debt to equity ratio has reduced from 60.3% to 14% over the past 5 years.
Debt Coverage: RCL's debt is well covered by operating cash flow (142.6%).
Interest Coverage: RCL earns more interest than it pays, so coverage of interest payments is not a concern.