Thai Wah Balance Sheet Health
Financial Health criteria checks 3/6
Thai Wah has a total shareholder equity of THB5.4B and total debt of THB2.6B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are THB9.4B and THB4.0B respectively. Thai Wah's EBIT is THB105.1M making its interest coverage ratio 1.5. It has cash and short-term investments of THB1.2B.
Key information
47.6%
Debt to equity ratio
฿2.57b
Debt
Interest coverage ratio | 1.5x |
Cash | ฿1.22b |
Equity | ฿5.39b |
Total liabilities | ฿4.01b |
Total assets | ฿9.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWPC's short term assets (THB4.5B) exceed its short term liabilities (THB2.6B).
Long Term Liabilities: TWPC's short term assets (THB4.5B) exceed its long term liabilities (THB1.4B).
Debt to Equity History and Analysis
Debt Level: TWPC's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: TWPC's debt to equity ratio has increased from 3.8% to 47.6% over the past 5 years.
Debt Coverage: TWPC's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: TWPC's interest payments on its debt are not well covered by EBIT (1.5x coverage).