Raja Ferry Port Balance Sheet Health
Financial Health criteria checks 2/6
Raja Ferry Port has a total shareholder equity of THB514.3M and total debt of THB505.4M, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are THB1.2B and THB646.7M respectively. Raja Ferry Port's EBIT is THB10.8M making its interest coverage ratio 0.3. It has cash and short-term investments of THB21.5M.
Key information
98.3%
Debt to equity ratio
฿505.35m
Debt
Interest coverage ratio | 0.3x |
Cash | ฿21.48m |
Equity | ฿514.29m |
Total liabilities | ฿646.74m |
Total assets | ฿1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RP's short term assets (THB60.7M) do not cover its short term liabilities (THB330.7M).
Long Term Liabilities: RP's short term assets (THB60.7M) do not cover its long term liabilities (THB316.0M).
Debt to Equity History and Analysis
Debt Level: RP's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: RP's debt to equity ratio has increased from 21.1% to 98.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.4% per year.