Rojana Industrial Park Balance Sheet Health
Financial Health criteria checks 5/6
Rojana Industrial Park has a total shareholder equity of THB20.0B and total debt of THB17.0B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are THB46.0B and THB26.0B respectively. Rojana Industrial Park's EBIT is THB3.7B making its interest coverage ratio 4.6. It has cash and short-term investments of THB8.4B.
Key information
84.7%
Debt to equity ratio
฿16.98b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ฿8.37b |
| Equity | ฿20.04b |
| Total liabilities | ฿26.01b |
| Total assets | ฿46.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROJNA-R's short term assets (THB20.1B) exceed its short term liabilities (THB13.8B).
Long Term Liabilities: ROJNA-R's short term assets (THB20.1B) exceed its long term liabilities (THB12.2B).
Debt to Equity History and Analysis
Debt Level: ROJNA-R's net debt to equity ratio (43%) is considered high.
Reducing Debt: ROJNA-R's debt to equity ratio has reduced from 148.7% to 84.7% over the past 5 years.
Debt Coverage: ROJNA-R's debt is well covered by operating cash flow (63.2%).
Interest Coverage: ROJNA-R's interest payments on its debt are well covered by EBIT (4.6x coverage).