Regional Container Lines Balance Sheet Health
Financial Health criteria checks 6/6
Regional Container Lines has a total shareholder equity of THB47.1B and total debt of THB3.3B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are THB59.7B and THB12.6B respectively. Regional Container Lines's EBIT is THB1.6B making its interest coverage ratio -8.9. It has cash and short-term investments of THB12.9B.
Key information
7.0%
Debt to equity ratio
฿3.29b
Debt
Interest coverage ratio | -8.9x |
Cash | ฿12.90b |
Equity | ฿47.09b |
Total liabilities | ฿12.63b |
Total assets | ฿59.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCL's short term assets (THB18.0B) exceed its short term liabilities (THB7.5B).
Long Term Liabilities: RCL's short term assets (THB18.0B) exceed its long term liabilities (THB5.1B).
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 51.2% to 7% over the past 5 years.
Debt Coverage: RCL's debt is well covered by operating cash flow (184.6%).
Interest Coverage: RCL earns more interest than it pays, so coverage of interest payments is not a concern.