Wyncoast Industrial Park Balance Sheet Health
Financial Health criteria checks 3/6
Wyncoast Industrial Park has a total shareholder equity of THB430.9M and total debt of THB108.3M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are THB772.4M and THB341.5M respectively. Wyncoast Industrial Park's EBIT is THB14.5M making its interest coverage ratio 1.5. It has cash and short-term investments of THB8.3M.
Key information
25.1%
Debt to equity ratio
฿108.32m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ฿8.34m |
| Equity | ฿430.89m |
| Total liabilities | ฿341.48m |
| Total assets | ฿772.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIN's short term assets (THB33.8M) do not cover its short term liabilities (THB134.3M).
Long Term Liabilities: WIN's short term assets (THB33.8M) do not cover its long term liabilities (THB207.2M).
Debt to Equity History and Analysis
Debt Level: WIN's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: WIN's debt to equity ratio has reduced from 36% to 25.1% over the past 5 years.
Debt Coverage: WIN's debt is well covered by operating cash flow (30.5%).
Interest Coverage: WIN's interest payments on its debt are not well covered by EBIT (1.5x coverage).