CL Venture Balance Sheet Health
Financial Health criteria checks 6/6
CL Venture has a total shareholder equity of THB1.5B and total debt of THB106.4M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are THB2.1B and THB607.0M respectively. CL Venture's EBIT is THB54.1M making its interest coverage ratio 3.6. It has cash and short-term investments of THB118.6M.
Key information
7.1%
Debt to equity ratio
฿106.36m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ฿118.59m |
| Equity | ฿1.50b |
| Total liabilities | ฿607.04m |
| Total assets | ฿2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOOL-R's short term assets (THB1.1B) exceed its short term liabilities (THB289.1M).
Long Term Liabilities: KOOL-R's short term assets (THB1.1B) exceed its long term liabilities (THB318.0M).
Debt to Equity History and Analysis
Debt Level: KOOL-R has more cash than its total debt.
Reducing Debt: KOOL-R's debt to equity ratio has reduced from 90.6% to 7.1% over the past 5 years.
Debt Coverage: KOOL-R's debt is well covered by operating cash flow (220.5%).
Interest Coverage: KOOL-R's interest payments on its debt are well covered by EBIT (3.6x coverage).