Well Graded Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Well Graded Engineering has a total shareholder equity of THB322.4M and total debt of THB402.2M, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are THB1.6B and THB1.3B respectively.
Key information
124.8%
Debt to equity ratio
฿402.25m
Debt
Interest coverage ratio | n/a |
Cash | ฿105.52m |
Equity | ฿322.39m |
Total liabilities | ฿1.27b |
Total assets | ฿1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WGE-R's short term assets (THB762.6M) do not cover its short term liabilities (THB1.2B).
Long Term Liabilities: WGE-R's short term assets (THB762.6M) exceed its long term liabilities (THB53.2M).
Debt to Equity History and Analysis
Debt Level: WGE-R's net debt to equity ratio (92%) is considered high.
Reducing Debt: WGE-R's debt to equity ratio has increased from 11.7% to 124.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WGE-R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WGE-R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.1% each year