Health Empire Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Health Empire has a total shareholder equity of THB436.7M and total debt of THB21.7M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are THB501.2M and THB64.4M respectively.
Key information
5.0%
Debt to equity ratio
฿21.65m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿92.36m |
| Equity | ฿436.74m |
| Total liabilities | ฿64.43m |
| Total assets | ฿501.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEALTH-R's short term assets (THB184.6M) exceed its short term liabilities (THB47.0M).
Long Term Liabilities: HEALTH-R's short term assets (THB184.6M) exceed its long term liabilities (THB17.5M).
Debt to Equity History and Analysis
Debt Level: HEALTH-R has more cash than its total debt.
Reducing Debt: HEALTH-R's debt to equity ratio has reduced from 96.4% to 5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HEALTH-R has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HEALTH-R has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 16% each year