Wattanapat Hospital Trang Balance Sheet Health
Financial Health criteria checks 3/6
Wattanapat Hospital Trang has a total shareholder equity of THB1.5B and total debt of THB975.6M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are THB2.8B and THB1.2B respectively. Wattanapat Hospital Trang's EBIT is THB360.1M making its interest coverage ratio 7.6. It has cash and short-term investments of THB93.9M.
Key information
63.0%
Debt to equity ratio
฿975.65m
Debt
| Interest coverage ratio | 7.6x |
| Cash | ฿93.94m |
| Equity | ฿1.55b |
| Total liabilities | ฿1.23b |
| Total assets | ฿2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPH-R's short term assets (THB436.6M) exceed its short term liabilities (THB356.0M).
Long Term Liabilities: WPH-R's short term assets (THB436.6M) do not cover its long term liabilities (THB877.1M).
Debt to Equity History and Analysis
Debt Level: WPH-R's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: WPH-R's debt to equity ratio has increased from 39% to 63% over the past 5 years.
Debt Coverage: WPH-R's debt is well covered by operating cash flow (30.9%).
Interest Coverage: WPH-R's interest payments on its debt are well covered by EBIT (7.6x coverage).