Siam Wellness Group Balance Sheet Health
Financial Health criteria checks 3/6
Siam Wellness Group has a total shareholder equity of THB901.1M and total debt of THB313.7M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are THB2.0B and THB1.1B respectively. Siam Wellness Group's EBIT is THB322.4M making its interest coverage ratio 7.3. It has cash and short-term investments of THB252.3M.
Key information
34.8%
Debt to equity ratio
฿313.70m
Debt
Interest coverage ratio | 7.3x |
Cash | ฿252.31m |
Equity | ฿901.14m |
Total liabilities | ฿1.07b |
Total assets | ฿1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPA's short term assets (THB363.4M) do not cover its short term liabilities (THB375.6M).
Long Term Liabilities: SPA's short term assets (THB363.4M) do not cover its long term liabilities (THB696.3M).
Debt to Equity History and Analysis
Debt Level: SPA's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: SPA's debt to equity ratio has increased from 22.3% to 34.8% over the past 5 years.
Debt Coverage: SPA's debt is well covered by operating cash flow (174.9%).
Interest Coverage: SPA's interest payments on its debt are well covered by EBIT (7.3x coverage).