Kumwell Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Kumwell has a total shareholder equity of THB558.4M and total debt of THB269.2M, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are THB884.2M and THB325.7M respectively. Kumwell's EBIT is THB57.2M making its interest coverage ratio 4.5. It has cash and short-term investments of THB44.2M.
Key information
48.2%
Debt to equity ratio
฿269.24m
Debt
Interest coverage ratio | 4.5x |
Cash | ฿44.17m |
Equity | ฿558.44m |
Total liabilities | ฿325.71m |
Total assets | ฿884.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUMWEL's short term assets (THB393.1M) exceed its short term liabilities (THB117.1M).
Long Term Liabilities: KUMWEL's short term assets (THB393.1M) exceed its long term liabilities (THB208.6M).
Debt to Equity History and Analysis
Debt Level: KUMWEL's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: KUMWEL's debt to equity ratio has increased from 11.3% to 48.2% over the past 5 years.
Debt Coverage: KUMWEL's debt is well covered by operating cash flow (36.8%).
Interest Coverage: KUMWEL's interest payments on its debt are well covered by EBIT (4.5x coverage).