Veranda Resort Balance Sheet Health
Financial Health criteria checks 1/6
Veranda Resort has a total shareholder equity of THB1.8B and total debt of THB2.3B, which brings its debt-to-equity ratio to 129.2%. Its total assets and total liabilities are THB4.8B and THB3.0B respectively. Veranda Resort's EBIT is THB63.3M making its interest coverage ratio 0.6. It has cash and short-term investments of THB127.4M.
Key information
129.2%
Debt to equity ratio
฿2.31b
Debt
Interest coverage ratio | 0.6x |
Cash | ฿127.39m |
Equity | ฿1.79b |
Total liabilities | ฿3.02b |
Total assets | ฿4.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRANDA's short term assets (THB655.9M) do not cover its short term liabilities (THB870.0M).
Long Term Liabilities: VRANDA's short term assets (THB655.9M) do not cover its long term liabilities (THB2.1B).
Debt to Equity History and Analysis
Debt Level: VRANDA's net debt to equity ratio (122.1%) is considered high.
Reducing Debt: VRANDA's debt to equity ratio has reduced from 180.1% to 129.2% over the past 5 years.
Debt Coverage: VRANDA's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: VRANDA's interest payments on its debt are not well covered by EBIT (0.6x coverage).