Veranda Resort Balance Sheet Health
Financial Health criteria checks 0/6
Veranda Resort has a total shareholder equity of THB1.8B and total debt of THB2.6B, which brings its debt-to-equity ratio to 143.9%. Its total assets and total liabilities are THB5.3B and THB3.4B respectively. Veranda Resort's EBIT is THB136.2M making its interest coverage ratio 1.4. It has cash and short-term investments of THB153.0M.
Key information
143.9%
Debt to equity ratio
฿2.63b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿153.00m |
| Equity | ฿1.83b |
| Total liabilities | ฿3.43b |
| Total assets | ฿5.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRANDA-R's short term assets (THB683.2M) do not cover its short term liabilities (THB1.3B).
Long Term Liabilities: VRANDA-R's short term assets (THB683.2M) do not cover its long term liabilities (THB2.1B).
Debt to Equity History and Analysis
Debt Level: VRANDA-R's net debt to equity ratio (135.5%) is considered high.
Reducing Debt: VRANDA-R's debt to equity ratio has increased from 95.5% to 143.9% over the past 5 years.
Debt Coverage: VRANDA-R's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: VRANDA-R's interest payments on its debt are not well covered by EBIT (1.4x coverage).