Winner Group Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Winner Group Enterprise has a total shareholder equity of THB616.3M and total debt of THB280.6M, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are THB1.2B and THB615.8M respectively. Winner Group Enterprise's EBIT is THB158.7M making its interest coverage ratio 18.6. It has cash and short-term investments of THB33.7M.
Key information
45.5%
Debt to equity ratio
฿280.61m
Debt
Interest coverage ratio | 18.6x |
Cash | ฿33.72m |
Equity | ฿616.29m |
Total liabilities | ฿615.83m |
Total assets | ฿1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WINNER-R's short term assets (THB858.9M) exceed its short term liabilities (THB574.3M).
Long Term Liabilities: WINNER-R's short term assets (THB858.9M) exceed its long term liabilities (THB41.5M).
Debt to Equity History and Analysis
Debt Level: WINNER-R's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: WINNER-R's debt to equity ratio has increased from 43.7% to 45.5% over the past 5 years.
Debt Coverage: WINNER-R's debt is well covered by operating cash flow (89.5%).
Interest Coverage: WINNER-R's interest payments on its debt are well covered by EBIT (18.6x coverage).