Wyncoast Industrial Park Balance Sheet Health
Financial Health criteria checks 3/6
Wyncoast Industrial Park has a total shareholder equity of THB427.8M and total debt of THB119.4M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are THB778.2M and THB350.4M respectively. Wyncoast Industrial Park's EBIT is THB19.2M making its interest coverage ratio 1.5. It has cash and short-term investments of THB5.2M.
Key information
27.9%
Debt to equity ratio
฿119.39m
Debt
Interest coverage ratio | 1.5x |
Cash | ฿5.17m |
Equity | ฿427.78m |
Total liabilities | ฿350.42m |
Total assets | ฿778.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIN's short term assets (THB30.2M) do not cover its short term liabilities (THB129.1M).
Long Term Liabilities: WIN's short term assets (THB30.2M) do not cover its long term liabilities (THB221.3M).
Debt to Equity History and Analysis
Debt Level: WIN's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: WIN's debt to equity ratio has reduced from 38.9% to 27.9% over the past 5 years.
Debt Coverage: WIN's debt is well covered by operating cash flow (32.1%).
Interest Coverage: WIN's interest payments on its debt are not well covered by EBIT (1.5x coverage).