Rojana Industrial Park Balance Sheet Health
Financial Health criteria checks 5/6
Rojana Industrial Park has a total shareholder equity of THB19.9B and total debt of THB19.2B, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are THB47.7B and THB27.8B respectively. Rojana Industrial Park's EBIT is THB3.1B making its interest coverage ratio 3.5. It has cash and short-term investments of THB9.0B.
Key information
96.3%
Debt to equity ratio
฿19.20b
Debt
Interest coverage ratio | 3.5x |
Cash | ฿9.00b |
Equity | ฿19.93b |
Total liabilities | ฿27.76b |
Total assets | ฿47.70b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROJNA's short term assets (THB21.8B) exceed its short term liabilities (THB11.3B).
Long Term Liabilities: ROJNA's short term assets (THB21.8B) exceed its long term liabilities (THB16.5B).
Debt to Equity History and Analysis
Debt Level: ROJNA's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: ROJNA's debt to equity ratio has reduced from 137.5% to 96.3% over the past 5 years.
Debt Coverage: ROJNA's debt is well covered by operating cash flow (52.3%).
Interest Coverage: ROJNA's interest payments on its debt are well covered by EBIT (3.5x coverage).