Selic Corp Balance Sheet Health
Financial Health criteria checks 4/6
Selic Corp has a total shareholder equity of THB1.4B and total debt of THB835.4M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are THB3.0B and THB1.7B respectively. Selic Corp's EBIT is THB200.9M making its interest coverage ratio 4.5. It has cash and short-term investments of THB128.7M.
Key information
61.8%
Debt to equity ratio
฿835.44m
Debt
Interest coverage ratio | 4.5x |
Cash | ฿128.70m |
Equity | ฿1.35b |
Total liabilities | ฿1.69b |
Total assets | ฿3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SELIC's short term assets (THB1.0B) exceed its short term liabilities (THB830.5M).
Long Term Liabilities: SELIC's short term assets (THB1.0B) exceed its long term liabilities (THB862.8M).
Debt to Equity History and Analysis
Debt Level: SELIC's net debt to equity ratio (52.3%) is considered high.
Reducing Debt: SELIC's debt to equity ratio has increased from 19.2% to 61.8% over the past 5 years.
Debt Coverage: SELIC's debt is well covered by operating cash flow (20.7%).
Interest Coverage: SELIC's interest payments on its debt are well covered by EBIT (4.5x coverage).