Delta Paint Balance Sheet Health
Financial Health criteria checks 3/6
Delta Paint has a total shareholder equity of THB598.2M and total debt of THB270.7M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are THB1.2B and THB617.0M respectively.
Key information
45.3%
Debt to equity ratio
฿270.73m
Debt
Interest coverage ratio | n/a |
Cash | ฿16.73m |
Equity | ฿598.20m |
Total liabilities | ฿616.98m |
Total assets | ฿1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPAINT-R's short term assets (THB712.0M) exceed its short term liabilities (THB557.8M).
Long Term Liabilities: DPAINT-R's short term assets (THB712.0M) exceed its long term liabilities (THB59.2M).
Debt to Equity History and Analysis
Debt Level: DPAINT-R's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: DPAINT-R's debt to equity ratio has reduced from 1114.9% to 45.3% 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.