WHA Corporation Balance Sheet Health
Financial Health criteria checks 2/6
WHA has a total shareholder equity of THB38.6B and total debt of THB47.9B, which brings its debt-to-equity ratio to 124.3%. Its total assets and total liabilities are THB98.3B and THB59.7B respectively. WHA's EBIT is THB7.8B making its interest coverage ratio 5.9. It has cash and short-term investments of THB4.7B.
Key information
124.3%
Debt to equity ratio
฿47.94b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ฿4.73b |
| Equity | ฿38.56b |
| Total liabilities | ฿59.75b |
| Total assets | ฿98.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WHA-F's short term assets (THB23.1B) exceed its short term liabilities (THB14.4B).
Long Term Liabilities: WHA-F's short term assets (THB23.1B) do not cover its long term liabilities (THB45.4B).
Debt to Equity History and Analysis
Debt Level: WHA-F's net debt to equity ratio (112.1%) is considered high.
Reducing Debt: WHA-F's debt to equity ratio has increased from 112% to 124.3% over the past 5 years.
Debt Coverage: WHA-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WHA-F's interest payments on its debt are well covered by EBIT (5.9x coverage).