Well Graded Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Well Graded Engineering has a total shareholder equity of THB297.6M and total debt of THB376.7M, which brings its debt-to-equity ratio to 126.6%. Its total assets and total liabilities are THB1.6B and THB1.3B respectively.
Key information
126.6%
Debt to equity ratio
฿376.66m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿104.28m |
| Equity | ฿297.57m |
| Total liabilities | ฿1.28b |
| Total assets | ฿1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WGE's short term assets (THB741.1M) do not cover its short term liabilities (THB1.2B).
Long Term Liabilities: WGE's short term assets (THB741.1M) exceed its long term liabilities (THB94.3M).
Debt to Equity History and Analysis
Debt Level: WGE's net debt to equity ratio (91.5%) is considered high.
Reducing Debt: WGE's debt to equity ratio has increased from 13.5% to 126.6% 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 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WGE is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.