Selic Corp Balance Sheet Health
Financial Health criteria checks 5/6
Selic Corp has a total shareholder equity of THB1.4B and total debt of THB846.7M, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are THB3.2B and THB1.8B respectively. Selic Corp's EBIT is THB296.6M making its interest coverage ratio 6.5. It has cash and short-term investments of THB174.9M.
Key information
59.6%
Debt to equity ratio
฿846.71m
Debt
| Interest coverage ratio | 6.5x |
| Cash | ฿174.92m |
| Equity | ฿1.42b |
| Total liabilities | ฿1.76b |
| Total assets | ฿3.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SELIC-R's short term assets (THB1.2B) exceed its short term liabilities (THB908.2M).
Long Term Liabilities: SELIC-R's short term assets (THB1.2B) exceed its long term liabilities (THB851.8M).
Debt to Equity History and Analysis
Debt Level: SELIC-R's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: SELIC-R's debt to equity ratio has reduced from 187.1% to 59.6% over the past 5 years.
Debt Coverage: SELIC-R's debt is well covered by operating cash flow (31.4%).
Interest Coverage: SELIC-R's interest payments on its debt are well covered by EBIT (6.5x coverage).