Wice Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Wice Logistics has a total shareholder equity of THB1.9B and total debt of THB115.6M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are THB2.9B and THB962.4M respectively. Wice Logistics's EBIT is THB267.1M making its interest coverage ratio 17.8. It has cash and short-term investments of THB890.7M.
Key information
6.1%
Debt to equity ratio
฿115.64m
Debt
| Interest coverage ratio | 17.8x |
| Cash | ฿890.73m |
| Equity | ฿1.89b |
| Total liabilities | ฿962.42m |
| Total assets | ฿2.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WICE's short term assets (THB1.9B) exceed its short term liabilities (THB739.6M).
Long Term Liabilities: WICE's short term assets (THB1.9B) exceed its long term liabilities (THB222.9M).
Debt to Equity History and Analysis
Debt Level: WICE has more cash than its total debt.
Reducing Debt: WICE's debt to equity ratio has increased from 0.03% to 6.1% over the past 5 years.
Debt Coverage: WICE's debt is well covered by operating cash flow (148.2%).
Interest Coverage: WICE's interest payments on its debt are well covered by EBIT (17.8x coverage).