Ratch Group Balance Sheet Health
Financial Health criteria checks 2/6
Ratch Group has a total shareholder equity of THB107.1B and total debt of THB86.5B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are THB213.5B and THB106.3B respectively. Ratch Group's EBIT is THB747.2M making its interest coverage ratio 4.7. It has cash and short-term investments of THB30.1B.
Key information
80.7%
Debt to equity ratio
฿86.49b
Debt
Interest coverage ratio | 4.7x |
Cash | ฿30.11b |
Equity | ฿107.13b |
Total liabilities | ฿106.35b |
Total assets | ฿213.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RATCH-R's short term assets (THB41.6B) exceed its short term liabilities (THB33.1B).
Long Term Liabilities: RATCH-R's short term assets (THB41.6B) do not cover its long term liabilities (THB73.2B).
Debt to Equity History and Analysis
Debt Level: RATCH-R's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: RATCH-R's debt to equity ratio has increased from 55.3% to 80.7% over the past 5 years.
Debt Coverage: RATCH-R's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: RATCH-R's interest payments on its debt are well covered by EBIT (4.7x coverage).