Kumwell Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Kumwell has a total shareholder equity of THB568.2M and total debt of THB246.7M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are THB916.3M and THB348.1M respectively. Kumwell's EBIT is THB64.2M making its interest coverage ratio 4.6. It has cash and short-term investments of THB65.2M.
Key information
43.4%
Debt to equity ratio
฿246.68m
Debt
| Interest coverage ratio | 4.6x |
| Cash | ฿65.22m |
| Equity | ฿568.18m |
| Total liabilities | ฿348.08m |
| Total assets | ฿916.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUMWEL-R's short term assets (THB436.6M) exceed its short term liabilities (THB168.1M).
Long Term Liabilities: KUMWEL-R's short term assets (THB436.6M) exceed its long term liabilities (THB179.9M).
Debt to Equity History and Analysis
Debt Level: KUMWEL-R's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: KUMWEL-R's debt to equity ratio has increased from 10.3% to 43.4% over the past 5 years.
Debt Coverage: KUMWEL-R's debt is well covered by operating cash flow (38.9%).
Interest Coverage: KUMWEL-R's interest payments on its debt are well covered by EBIT (4.6x coverage).