Regional Container Lines Balance Sheet Health
Financial Health criteria checks 6/6
Regional Container Lines has a total shareholder equity of THB48.3B and total debt of THB4.8B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are THB63.5B and THB15.2B respectively. Regional Container Lines's EBIT is THB2.2B making its interest coverage ratio -12.2. It has cash and short-term investments of THB12.4B.
Key information
10.0%
Debt to equity ratio
฿4.82b
Debt
| Interest coverage ratio | -12.2x |
| Cash | ฿12.38b |
| Equity | ฿48.32b |
| Total liabilities | ฿15.22b |
| Total assets | ฿63.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCL-F's short term assets (THB18.1B) exceed its short term liabilities (THB9.2B).
Long Term Liabilities: RCL-F's short term assets (THB18.1B) exceed its long term liabilities (THB6.0B).
Debt to Equity History and Analysis
Debt Level: RCL-F has more cash than its total debt.
Reducing Debt: RCL-F's debt to equity ratio has reduced from 49.4% to 10% over the past 5 years.
Debt Coverage: RCL-F's debt is well covered by operating cash flow (142.7%).
Interest Coverage: RCL-F earns more interest than it pays, so coverage of interest payments is not a concern.