Wattana Karnpaet Balance Sheet Health
Financial Health criteria checks 6/6
Wattana Karnpaet has a total shareholder equity of THB477.4M and total debt of THB6.5M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are THB606.0M and THB128.6M respectively. Wattana Karnpaet's EBIT is THB70.0M making its interest coverage ratio 23.7. It has cash and short-term investments of THB74.7M.
Key information
1.4%
Debt to equity ratio
฿6.54m
Debt
| Interest coverage ratio | 23.7x |
| Cash | ฿74.74m |
| Equity | ฿477.42m |
| Total liabilities | ฿128.57m |
| Total assets | ฿606.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEW's short term assets (THB126.3M) exceed its short term liabilities (THB93.5M).
Long Term Liabilities: NEW's short term assets (THB126.3M) exceed its long term liabilities (THB35.1M).
Debt to Equity History and Analysis
Debt Level: NEW has more cash than its total debt.
Reducing Debt: NEW's debt to equity ratio has reduced from 17.9% to 1.4% over the past 5 years.
Debt Coverage: NEW's debt is well covered by operating cash flow (1562.8%).
Interest Coverage: NEW's interest payments on its debt are well covered by EBIT (23.7x coverage).