Siam Wellness Group Balance Sheet Health
Financial Health criteria checks 5/6
Siam Wellness Group has a total shareholder equity of THB1.1B and total debt of THB126.7M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are THB2.1B and THB964.1M respectively. Siam Wellness Group's EBIT is THB381.8M making its interest coverage ratio 14.3. It has cash and short-term investments of THB259.8M.
Key information
11.4%
Debt to equity ratio
฿126.66m
Debt
Interest coverage ratio | 14.3x |
Cash | ฿259.76m |
Equity | ฿1.11b |
Total liabilities | ฿964.13m |
Total assets | ฿2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPA-R's short term assets (THB382.5M) exceed its short term liabilities (THB356.4M).
Long Term Liabilities: SPA-R's short term assets (THB382.5M) do not cover its long term liabilities (THB607.8M).
Debt to Equity History and Analysis
Debt Level: SPA-R has more cash than its total debt.
Reducing Debt: SPA-R's debt to equity ratio has reduced from 29.5% to 11.4% over the past 5 years.
Debt Coverage: SPA-R's debt is well covered by operating cash flow (455.8%).
Interest Coverage: SPA-R's interest payments on its debt are well covered by EBIT (14.3x coverage).