Demco Balance Sheet Health
Financial Health criteria checks 2/6
Demco has a total shareholder equity of THB3.6B and total debt of THB1.6B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are THB6.8B and THB3.2B respectively. Demco's EBIT is THB68.7M making its interest coverage ratio 1.6. It has cash and short-term investments of THB85.7M.
Key information
44.0%
Debt to equity ratio
฿1.60b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ฿85.73m |
| Equity | ฿3.63b |
| Total liabilities | ฿3.20b |
| Total assets | ฿6.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEMCO's short term assets (THB2.3B) do not cover its short term liabilities (THB2.8B).
Long Term Liabilities: DEMCO's short term assets (THB2.3B) exceed its long term liabilities (THB392.4M).
Debt to Equity History and Analysis
Debt Level: DEMCO's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: DEMCO's debt to equity ratio has reduced from 54.9% to 44% 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: DEMCO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DEMCO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.5% each year