Delta Paint Balance Sheet Health
Financial Health criteria checks 4/6
Delta Paint has a total shareholder equity of THB598.2M and total debt of THB237.4M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are THB1.2B and THB617.0M respectively.
Key information
39.7%
Debt to equity ratio
฿237.41m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿15.16m |
| 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's short term assets (THB712.0M) exceed its short term liabilities (THB557.8M).
Long Term Liabilities: DPAINT's short term assets (THB712.0M) exceed its long term liabilities (THB59.2M).
Debt to Equity History and Analysis
Debt Level: DPAINT's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: DPAINT's debt to equity ratio has reduced from 1114.9% to 39.7% over the past 5 years.
Debt Coverage: DPAINT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DPAINT's interest payments on its debt are well covered by EBIT.