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 THB2.5B, which brings its debt-to-equity ratio to 136%. Its total assets and total liabilities are THB5.1B and THB3.2B respectively. Veranda Resort's EBIT is THB110.8M making its interest coverage ratio 1.1. It has cash and short-term investments of THB132.7M.
Key information
136.0%
Debt to equity ratio
฿2.48b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ฿132.68m |
| Equity | ฿1.82b |
| Total liabilities | ฿3.24b |
| Total assets | ฿5.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRANDA-R's short term assets (THB692.0M) do not cover its short term liabilities (THB1.3B).
Long Term Liabilities: VRANDA-R's short term assets (THB692.0M) do not cover its long term liabilities (THB2.0B).
Debt to Equity History and Analysis
Debt Level: VRANDA-R's net debt to equity ratio (128.7%) is considered high.
Reducing Debt: VRANDA-R's debt to equity ratio has increased from 99.3% to 136% over the past 5 years.
Debt Coverage: VRANDA-R's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: VRANDA-R's interest payments on its debt are not well covered by EBIT (1.1x coverage).