Thonburi Healthcare Group Balance Sheet Health
Financial Health criteria checks 3/6
Thonburi Healthcare Group has a total shareholder equity of THB10.8B and total debt of THB10.3B, which brings its debt-to-equity ratio to 96%. Its total assets and total liabilities are THB23.7B and THB12.9B respectively. Thonburi Healthcare Group's EBIT is THB1.2B making its interest coverage ratio 4.4. It has cash and short-term investments of THB1.4B.
Key information
96.0%
Debt to equity ratio
฿10.33b
Debt
| Interest coverage ratio | 4.4x |
| Cash | ฿1.35b |
| Equity | ฿10.76b |
| Total liabilities | ฿12.95b |
| Total assets | ฿23.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THG-F's short term assets (THB5.5B) do not cover its short term liabilities (THB8.0B).
Long Term Liabilities: THG-F's short term assets (THB5.5B) exceed its long term liabilities (THB5.0B).
Debt to Equity History and Analysis
Debt Level: THG-F's net debt to equity ratio (83.4%) is considered high.
Reducing Debt: THG-F's debt to equity ratio has increased from 56.7% to 96% over the past 5 years.
Debt Coverage: THG-F's debt is well covered by operating cash flow (20.5%).
Interest Coverage: THG-F's interest payments on its debt are well covered by EBIT (4.4x coverage).