Dental Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Dental has a total shareholder equity of THB772.0M and total debt of THB309.9M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are THB1.3B and THB553.5M respectively. Dental's EBIT is THB86.0M making its interest coverage ratio 5. It has cash and short-term investments of THB46.5M.
Key information
40.1%
Debt to equity ratio
฿309.93m
Debt
| Interest coverage ratio | 5x |
| Cash | ฿46.47m |
| Equity | ฿772.02m |
| Total liabilities | ฿553.53m |
| Total assets | ฿1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D's short term assets (THB353.8M) exceed its short term liabilities (THB290.6M).
Long Term Liabilities: D's short term assets (THB353.8M) exceed its long term liabilities (THB262.9M).
Debt to Equity History and Analysis
Debt Level: D's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: D's debt to equity ratio has reduced from 133.8% to 40.1% over the past 5 years.
Debt Coverage: D's debt is well covered by operating cash flow (36.9%).
Interest Coverage: D's interest payments on its debt are well covered by EBIT (5x coverage).