Health Empire Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Health Empire has a total shareholder equity of THB684.4M and total debt of THB22.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are THB751.6M and THB67.1M respectively.
Key information
3.2%
Debt to equity ratio
฿21.97m
Debt
Interest coverage ratio | n/a |
Cash | ฿153.64m |
Equity | ฿684.43m |
Total liabilities | ฿67.15m |
Total assets | ฿751.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEALTH-R's short term assets (THB204.6M) exceed its short term liabilities (THB49.3M).
Long Term Liabilities: HEALTH-R's short term assets (THB204.6M) exceed its long term liabilities (THB17.8M).
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 30.1% to 3.2% 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 19.3% each year