Ramkhamhaeng Hospital Balance Sheet Health
Financial Health criteria checks 4/6
Ramkhamhaeng Hospital has a total shareholder equity of THB27.2B and total debt of THB10.9B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are THB41.3B and THB14.0B respectively. Ramkhamhaeng Hospital's EBIT is THB614.3M making its interest coverage ratio 17.1. It has cash and short-term investments of THB1.3B.
Key information
40.0%
Debt to equity ratio
฿10.88b
Debt
Interest coverage ratio | 17.1x |
Cash | ฿1.30b |
Equity | ฿27.22b |
Total liabilities | ฿14.04b |
Total assets | ฿41.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAM's short term assets (THB3.7B) do not cover its short term liabilities (THB11.0B).
Long Term Liabilities: RAM's short term assets (THB3.7B) exceed its long term liabilities (THB3.1B).
Debt to Equity History and Analysis
Debt Level: RAM's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: RAM's debt to equity ratio has increased from 8.7% to 40% over the past 5 years.
Debt Coverage: RAM's debt is well covered by operating cash flow (22.4%).
Interest Coverage: RAM's interest payments on its debt are well covered by EBIT (17.1x coverage).