Wattana Karnpaet Balance Sheet Health
Financial Health criteria checks 6/6
Wattana Karnpaet has a total shareholder equity of THB482.4M and total debt of THB9.7M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are THB616.8M and THB134.4M respectively. Wattana Karnpaet's EBIT is THB74.2M making its interest coverage ratio 21.7. It has cash and short-term investments of THB138.1M.
Key information
2.0%
Debt to equity ratio
฿9.72m
Debt
| Interest coverage ratio | 21.7x |
| Cash | ฿138.08m |
| Equity | ฿482.45m |
| Total liabilities | ฿134.38m |
| Total assets | ฿616.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEW-R's short term assets (THB185.6M) exceed its short term liabilities (THB96.9M).
Long Term Liabilities: NEW-R's short term assets (THB185.6M) exceed its long term liabilities (THB37.5M).
Debt to Equity History and Analysis
Debt Level: NEW-R has more cash than its total debt.
Reducing Debt: NEW-R's debt to equity ratio has reduced from 18.9% to 2% over the past 5 years.
Debt Coverage: NEW-R's debt is well covered by operating cash flow (1071%).
Interest Coverage: NEW-R's interest payments on its debt are well covered by EBIT (21.7x coverage).