WIIK Balance Sheet Health
Financial Health criteria checks 6/6
WIIK has a total shareholder equity of THB2.1B and total debt of THB195.3M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are THB2.7B and THB558.4M respectively. WIIK's EBIT is THB53.7M making its interest coverage ratio 5.3. It has cash and short-term investments of THB122.1M.
Key information
9.3%
Debt to equity ratio
฿195.25m
Debt
| Interest coverage ratio | 5.3x |
| Cash | ฿122.14m |
| Equity | ฿2.11b |
| Total liabilities | ฿558.43m |
| Total assets | ฿2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIIK's short term assets (THB1.1B) exceed its short term liabilities (THB299.1M).
Long Term Liabilities: WIIK's short term assets (THB1.1B) exceed its long term liabilities (THB259.3M).
Debt to Equity History and Analysis
Debt Level: WIIK's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: WIIK's debt to equity ratio has reduced from 97.9% to 9.3% over the past 5 years.
Debt Coverage: WIIK's debt is well covered by operating cash flow (132.6%).
Interest Coverage: WIIK's interest payments on its debt are well covered by EBIT (5.3x coverage).