Thonburi Healthcare Group Balance Sheet Health
Financial Health criteria checks 1/6
Thonburi Healthcare Group has a total shareholder equity of THB10.8B and total debt of THB9.9B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are THB23.5B and THB12.8B respectively. Thonburi Healthcare Group's EBIT is THB594.1M making its interest coverage ratio 1.5. It has cash and short-term investments of THB1.1B.
Key information
92.0%
Debt to equity ratio
฿9.91b
Debt
Interest coverage ratio | 1.5x |
Cash | ฿1.09b |
Equity | ฿10.78b |
Total liabilities | ฿12.77b |
Total assets | ฿23.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THG's short term assets (THB4.9B) do not cover its short term liabilities (THB9.7B).
Long Term Liabilities: THG's short term assets (THB4.9B) exceed its long term liabilities (THB3.1B).
Debt to Equity History and Analysis
Debt Level: THG's net debt to equity ratio (81.9%) is considered high.
Reducing Debt: THG's debt to equity ratio has increased from 70.9% to 92% over the past 5 years.
Debt Coverage: THG's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: THG's interest payments on its debt are not well covered by EBIT (1.5x coverage).