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 ratio | n/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's short term assets (THB241.1M) do not cover its short term liabilities (THB544.1M).
Long Term Liabilities: SOLAR's short term assets (THB241.1M) do not cover its long term liabilities (THB340.8M).
Debt to Equity History and Analysis
Debt Level: SOLAR's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: SOLAR's debt to equity ratio has reduced from 102.5% to 72.2% over the past 5 years.
Debt Coverage: SOLAR's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if SOLAR's interest payments on its debt are well covered by EBIT.