Delta Electronics (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
Delta Electronics (Thailand) has a total shareholder equity of THB73.3B and total debt of THB2.1B, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are THB112.6B and THB39.3B respectively. Delta Electronics (Thailand)'s EBIT is THB18.0B making its interest coverage ratio -227. It has cash and short-term investments of THB8.0B.
Key information
2.9%
Debt to equity ratio
฿2.11b
Debt
Interest coverage ratio | -227x |
Cash | ฿8.00b |
Equity | ฿73.32b |
Total liabilities | ฿39.31b |
Total assets | ฿112.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLS's short term assets (THB76.9B) exceed its short term liabilities (THB34.8B).
Long Term Liabilities: DLS's short term assets (THB76.9B) exceed its long term liabilities (THB4.5B).
Debt to Equity History and Analysis
Debt Level: DLS has more cash than its total debt.
Reducing Debt: DLS's debt to equity ratio has increased from 0% to 2.9% over the past 5 years.
Debt Coverage: DLS's debt is well covered by operating cash flow (588.1%).
Interest Coverage: DLS earns more interest than it pays, so coverage of interest payments is not a concern.