Winnergy Medical Balance Sheet Health
Financial Health criteria checks 5/6
Winnergy Medical has a total shareholder equity of THB608.3M and total debt of THB105.6M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are THB918.6M and THB310.3M respectively. Winnergy Medical's EBIT is THB20.8M making its interest coverage ratio 2.2. It has cash and short-term investments of THB18.0M.
Key information
17.4%
Debt to equity ratio
฿105.57m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿17.97m |
| Equity | ฿608.26m |
| Total liabilities | ฿310.30m |
| Total assets | ฿918.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WINMED's short term assets (THB473.8M) exceed its short term liabilities (THB225.0M).
Long Term Liabilities: WINMED's short term assets (THB473.8M) exceed its long term liabilities (THB85.4M).
Debt to Equity History and Analysis
Debt Level: WINMED's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: WINMED's debt to equity ratio has reduced from 121.5% to 17.4% over the past 5 years.
Debt Coverage: WINMED's debt is well covered by operating cash flow (97.5%).
Interest Coverage: WINMED's interest payments on its debt are not well covered by EBIT (2.2x coverage).