Sherwood Corporation (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Sherwood (Thailand) has a total shareholder equity of THB715.9M and total debt of THB50.0M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are THB1.2B and THB473.6M respectively. Sherwood (Thailand)'s EBIT is THB130.7M making its interest coverage ratio 48.7. It has cash and short-term investments of THB360.9M.
Key information
7.0%
Debt to equity ratio
฿50.00m
Debt
| Interest coverage ratio | 48.7x |
| Cash | ฿360.94m |
| Equity | ฿715.91m |
| Total liabilities | ฿473.62m |
| Total assets | ฿1.19b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWC-R's short term assets (THB806.3M) exceed its short term liabilities (THB424.4M).
Long Term Liabilities: SWC-R's short term assets (THB806.3M) exceed its long term liabilities (THB49.3M).
Debt to Equity History and Analysis
Debt Level: SWC-R has more cash than its total debt.
Reducing Debt: SWC-R's debt to equity ratio has reduced from 38.7% to 7% over the past 5 years.
Debt Coverage: SWC-R's debt is well covered by operating cash flow (591.9%).
Interest Coverage: SWC-R's interest payments on its debt are well covered by EBIT (48.7x coverage).