Solartron Public Company Limited

SET:SOLAR-R Stock Report

Market Cap: ฿614.3m

Solartron Balance Sheet Health

Financial Health criteria checks 1/6

Solartron has a total shareholder equity of THB874.6M and total debt of THB631.0M, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are THB1.8B and THB884.9M respectively.

Key information

72.2%

Debt to equity ratio

฿631.00m

Debt

Interest coverage ration/a
Cash฿18.05m
Equity฿874.56m
Total liabilities฿884.93m
Total assets฿1.76b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SOLAR-R's short term assets (THB241.1M) do not cover its short term liabilities (THB544.1M).

Long Term Liabilities: SOLAR-R's short term assets (THB241.1M) do not cover its long term liabilities (THB340.8M).


Debt to Equity History and Analysis

Debt Level: SOLAR-R's net debt to equity ratio (70.1%) is considered high.

Reducing Debt: SOLAR-R's debt to equity ratio has reduced from 102.5% to 72.2% over the past 5 years.

Debt Coverage: SOLAR-R's debt is not well covered by operating cash flow (3.3%).

Interest Coverage: Insufficient data to determine if SOLAR-R's interest payments on its debt are well covered by EBIT.


Balance Sheet


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