Salee Colour Balance Sheet Health
Financial Health criteria checks 5/6
Salee Colour has a total shareholder equity of THB817.2M and total debt of THB345.5M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are THB1.4B and THB586.3M respectively. Salee Colour's EBIT is THB51.7M making its interest coverage ratio 3.9. It has cash and short-term investments of THB18.7M.
Key information
42.3%
Debt to equity ratio
฿345.51m
Debt
Interest coverage ratio | 3.9x |
Cash | ฿18.67m |
Equity | ฿817.24m |
Total liabilities | ฿586.34m |
Total assets | ฿1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COLOR's short term assets (THB503.1M) do not cover its short term liabilities (THB509.2M).
Long Term Liabilities: COLOR's short term assets (THB503.1M) exceed its long term liabilities (THB77.2M).
Debt to Equity History and Analysis
Debt Level: COLOR's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: COLOR's debt to equity ratio has reduced from 45.8% to 42.3% over the past 5 years.
Debt Coverage: COLOR's debt is well covered by operating cash flow (46.5%).
Interest Coverage: COLOR's interest payments on its debt are well covered by EBIT (3.9x coverage).