Varopakorn Balance Sheet Health
Financial Health criteria checks 4/6
Varopakorn has a total shareholder equity of THB771.5M and total debt of THB1.0B, which brings its debt-to-equity ratio to 130.7%. Its total assets and total liabilities are THB2.1B and THB1.3B respectively.
Key information
130.7%
Debt to equity ratio
฿1.01b
Debt
Interest coverage ratio | n/a |
Cash | ฿1.29m |
Equity | ฿771.53m |
Total liabilities | ฿1.33b |
Total assets | ฿2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VARO's short term assets (THB1.3B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: VARO's short term assets (THB1.3B) exceed its long term liabilities (THB127.9M).
Debt to Equity History and Analysis
Debt Level: VARO's net debt to equity ratio (130.5%) is considered high.
Reducing Debt: VARO's debt to equity ratio has increased from 61.5% to 130.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VARO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VARO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.9% per year.