Winnergy Medical Balance Sheet Health
Financial Health criteria checks 6/6
Winnergy Medical has a total shareholder equity of THB604.0M and total debt of THB178.3M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are THB977.9M and THB373.9M respectively. Winnergy Medical's EBIT is THB31.1M making its interest coverage ratio 7.1. It has cash and short-term investments of THB34.7M.
Key information
29.5%
Debt to equity ratio
฿178.26m
Debt
Interest coverage ratio | 7.1x |
Cash | ฿34.73m |
Equity | ฿604.02m |
Total liabilities | ฿373.86m |
Total assets | ฿977.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WINMED's short term assets (THB518.9M) exceed its short term liabilities (THB276.2M).
Long Term Liabilities: WINMED's short term assets (THB518.9M) exceed its long term liabilities (THB97.7M).
Debt to Equity History and Analysis
Debt Level: WINMED's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: WINMED's debt to equity ratio has reduced from 417.7% to 29.5% over the past 5 years.
Debt Coverage: WINMED's debt is well covered by operating cash flow (21%).
Interest Coverage: WINMED's interest payments on its debt are well covered by EBIT (7.1x coverage).