Delta Paint Balance Sheet Health
Financial Health criteria checks 3/6
Delta Paint has a total shareholder equity of THB557.0M and total debt of THB282.7M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are THB1.2B and THB609.5M respectively.
Key information
50.8%
Debt to equity ratio
฿282.74m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿14.84m |
| Equity | ฿557.02m |
| Total liabilities | ฿609.54m |
| Total assets | ฿1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPAINT-R's short term assets (THB639.6M) exceed its short term liabilities (THB482.2M).
Long Term Liabilities: DPAINT-R's short term assets (THB639.6M) exceed its long term liabilities (THB127.4M).
Debt to Equity History and Analysis
Debt Level: DPAINT-R's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: DPAINT-R's debt to equity ratio has reduced from 601.1% to 50.8% over the past 5 years.
Debt Coverage: DPAINT-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DPAINT-R's interest payments on its debt are well covered by EBIT.