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World Corporation Balance Sheet Health
Financial Health criteria checks 4/6
World has a total shareholder equity of THB2.1B and total debt of THB759.8M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are THB3.6B and THB1.5B respectively. World's EBIT is THB113.6M making its interest coverage ratio 21.5. It has cash and short-term investments of THB13.3M.
Key information
36.9%
Debt to equity ratio
฿759.79m
Debt
| Interest coverage ratio | 21.5x |
| Cash | ฿13.27m |
| Equity | ฿2.06b |
| Total liabilities | ฿1.51b |
| Total assets | ฿3.57b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WORLD's short term assets (THB2.4B) exceed its short term liabilities (THB928.6M).
Long Term Liabilities: WORLD's short term assets (THB2.4B) exceed its long term liabilities (THB586.0M).
Debt to Equity History and Analysis
Debt Level: WORLD's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: WORLD's debt to equity ratio has increased from 17.2% to 36.9% over the past 5 years.
Debt Coverage: WORLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WORLD's interest payments on its debt are well covered by EBIT (21.5x coverage).