World Flex Balance Sheet Health
Financial Health criteria checks 4/6
World Flex has a total shareholder equity of THB1.9B and total debt of THB260.8M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are THB2.6B and THB703.8M respectively.
Key information
13.8%
Debt to equity ratio
฿260.80m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿32.61m |
| Equity | ฿1.89b |
| Total liabilities | ฿703.75m |
| Total assets | ฿2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WFX's short term assets (THB639.7M) exceed its short term liabilities (THB548.2M).
Long Term Liabilities: WFX's short term assets (THB639.7M) exceed its long term liabilities (THB155.5M).
Debt to Equity History and Analysis
Debt Level: WFX's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: WFX's debt to equity ratio has reduced from 103.5% to 13.8% over the past 5 years.
Debt Coverage: WFX's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: Insufficient data to determine if WFX's interest payments on its debt are well covered by EBIT.