Demco Balance Sheet Health
Financial Health criteria checks 4/6
Demco has a total shareholder equity of THB3.6B and total debt of THB1.2B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are THB6.4B and THB2.8B respectively.
Key information
33.2%
Debt to equity ratio
฿1.19b
Debt
Interest coverage ratio | n/a |
Cash | ฿102.19m |
Equity | ฿3.59b |
Total liabilities | ฿2.83b |
Total assets | ฿6.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEMCO's short term assets (THB1.9B) do not cover its short term liabilities (THB2.4B).
Long Term Liabilities: DEMCO's short term assets (THB1.9B) exceed its long term liabilities (THB393.3M).
Debt to Equity History and Analysis
Debt Level: DEMCO's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: DEMCO's debt to equity ratio has reduced from 45.8% to 33.2% over the past 5 years.
Debt Coverage: DEMCO's debt is well covered by operating cash flow (23.7%).
Interest Coverage: Insufficient data to determine if DEMCO's interest payments on its debt are well covered by EBIT.