Vanachai Group Balance Sheet Health
Financial Health criteria checks 2/6
Vanachai Group has a total shareholder equity of THB7.3B and total debt of THB8.4B, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are THB18.6B and THB11.2B respectively. Vanachai Group's EBIT is THB441.9M making its interest coverage ratio 1.1. It has cash and short-term investments of THB636.5M.
Key information
114.5%
Debt to equity ratio
฿8.40b
Debt
Interest coverage ratio | 1.1x |
Cash | ฿636.50m |
Equity | ฿7.33b |
Total liabilities | ฿11.23b |
Total assets | ฿18.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNG's short term assets (THB5.8B) exceed its short term liabilities (THB5.6B).
Long Term Liabilities: VNG's short term assets (THB5.8B) exceed its long term liabilities (THB5.6B).
Debt to Equity History and Analysis
Debt Level: VNG's net debt to equity ratio (105.9%) is considered high.
Reducing Debt: VNG's debt to equity ratio has increased from 103.5% to 114.5% over the past 5 years.
Debt Coverage: VNG's debt is not well covered by operating cash flow (19%).
Interest Coverage: VNG's interest payments on its debt are not well covered by EBIT (1.1x coverage).