Solartron Balance Sheet Health
Financial Health criteria checks 0/6
Solartron has a total shareholder equity of THB851.3M and total debt of THB920.5M, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are THB1.9B and THB1.1B respectively.
Key information
108.1%
Debt to equity ratio
฿920.51m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿109.52m |
| Equity | ฿851.34m |
| Total liabilities | ฿1.10b |
| Total assets | ฿1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOLAR-R's short term assets (THB270.5M) do not cover its short term liabilities (THB458.0M).
Long Term Liabilities: SOLAR-R's short term assets (THB270.5M) do not cover its long term liabilities (THB640.2M).
Debt to Equity History and Analysis
Debt Level: SOLAR-R's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: SOLAR-R's debt to equity ratio has increased from 93.4% to 108.1% 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: Insufficient data to determine if SOLAR-R has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SOLAR-R has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.