WHA Corporation Balance Sheet Health
Financial Health criteria checks 3/6
WHA has a total shareholder equity of THB37.3B and total debt of THB41.1B, which brings its debt-to-equity ratio to 110.2%. Its total assets and total liabilities are THB90.2B and THB52.9B respectively. WHA's EBIT is THB6.3B making its interest coverage ratio 5.2. It has cash and short-term investments of THB6.4B.
Key information
110.2%
Debt to equity ratio
฿41.12b
Debt
Interest coverage ratio | 5.2x |
Cash | ฿6.45b |
Equity | ฿37.32b |
Total liabilities | ฿52.90b |
Total assets | ฿90.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WHA's short term assets (THB19.2B) exceed its short term liabilities (THB15.1B).
Long Term Liabilities: WHA's short term assets (THB19.2B) do not cover its long term liabilities (THB37.8B).
Debt to Equity History and Analysis
Debt Level: WHA's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: WHA's debt to equity ratio has reduced from 117.3% to 110.2% over the past 5 years.
Debt Coverage: WHA's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: WHA's interest payments on its debt are well covered by EBIT (5.2x coverage).