Vibhavadi Medical Center Balance Sheet Health
Financial Health criteria checks 2/6
Vibhavadi Medical Center has a total shareholder equity of THB16.2B and total debt of THB8.4B, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are THB27.8B and THB11.6B respectively. Vibhavadi Medical Center's EBIT is THB1.3B making its interest coverage ratio -24.1. It has cash and short-term investments of THB1.6B.
Key information
52.0%
Debt to equity ratio
฿8.44b
Debt
Interest coverage ratio | -24.1x |
Cash | ฿1.58b |
Equity | ฿16.22b |
Total liabilities | ฿11.60b |
Total assets | ฿27.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIBHA's short term assets (THB2.9B) do not cover its short term liabilities (THB6.4B).
Long Term Liabilities: VIBHA's short term assets (THB2.9B) do not cover its long term liabilities (THB5.2B).
Debt to Equity History and Analysis
Debt Level: VIBHA's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: VIBHA's debt to equity ratio has increased from 48.4% to 52% over the past 5 years.
Debt Coverage: VIBHA's debt is well covered by operating cash flow (21.6%).
Interest Coverage: VIBHA earns more interest than it pays, so coverage of interest payments is not a concern.