World Flex Balance Sheet Health
Financial Health criteria checks 5/6
World Flex has a total shareholder equity of THB1.8B and total debt of THB287.8M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are THB2.7B and THB817.3M respectively.
Key information
15.6%
Debt to equity ratio
฿287.82m
Debt
Interest coverage ratio | n/a |
Cash | ฿24.72m |
Equity | ฿1.84b |
Total liabilities | ฿817.34m |
Total assets | ฿2.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WFX-R's short term assets (THB724.3M) exceed its short term liabilities (THB559.7M).
Long Term Liabilities: WFX-R's short term assets (THB724.3M) exceed its long term liabilities (THB257.7M).
Debt to Equity History and Analysis
Debt Level: WFX-R's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: WFX-R's debt to equity ratio has reduced from 98.4% to 15.6% over the past 5 years.
Debt Coverage: WFX-R's debt is well covered by operating cash flow (41.2%).
Interest Coverage: Insufficient data to determine if WFX-R's interest payments on its debt are well covered by EBIT.