Ramkhamhaeng Hospital Balance Sheet Health
Financial Health criteria checks 3/6
Ramkhamhaeng Hospital has a total shareholder equity of THB27.4B and total debt of THB12.2B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are THB42.4B and THB15.0B respectively. Ramkhamhaeng Hospital's EBIT is THB767.6M making its interest coverage ratio 8.8. It has cash and short-term investments of THB1.3B.
Key information
44.4%
Debt to equity ratio
฿12.16b
Debt
Interest coverage ratio | 8.8x |
Cash | ฿1.26b |
Equity | ฿27.37b |
Total liabilities | ฿15.05b |
Total assets | ฿42.42b |
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 (THB11.1B).
Long Term Liabilities: RAM's short term assets (THB3.7B) do not cover its long term liabilities (THB4.0B).
Debt to Equity History and Analysis
Debt Level: RAM's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: RAM's debt to equity ratio has increased from 9.5% to 44.4% over the past 5 years.
Debt Coverage: RAM's debt is well covered by operating cash flow (20.9%).
Interest Coverage: RAM's interest payments on its debt are well covered by EBIT (8.8x coverage).