CL Venture Balance Sheet Health
Financial Health criteria checks 5/6
CL Venture has a total shareholder equity of THB1.5B and total debt of THB93.1M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are THB2.1B and THB583.5M respectively. CL Venture's EBIT is THB64.2M making its interest coverage ratio 3.4. It has cash and short-term investments of THB59.5M.
Key information
6.3%
Debt to equity ratio
฿93.13m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ฿59.53m |
| Equity | ฿1.49b |
| Total liabilities | ฿583.46m |
| Total assets | ฿2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOOL's short term assets (THB1.3B) exceed its short term liabilities (THB245.9M).
Long Term Liabilities: KOOL's short term assets (THB1.3B) exceed its long term liabilities (THB337.6M).
Debt to Equity History and Analysis
Debt Level: KOOL's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: KOOL's debt to equity ratio has reduced from 66.7% to 6.3% over the past 5 years.
Debt Coverage: KOOL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KOOL's interest payments on its debt are well covered by EBIT (3.4x coverage).