Golden Lime Balance Sheet Health
Financial Health criteria checks 4/6
Golden Lime has a total shareholder equity of THB1.1B and total debt of THB831.9M, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are THB2.2B and THB1.2B respectively. Golden Lime's EBIT is THB148.2M making its interest coverage ratio 4.1. It has cash and short-term investments of THB61.2M.
Key information
79.2%
Debt to equity ratio
฿831.91m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ฿61.19m |
| Equity | ฿1.05b |
| Total liabilities | ฿1.16b |
| Total assets | ฿2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUTHA's short term assets (THB846.5M) do not cover its short term liabilities (THB917.4M).
Long Term Liabilities: SUTHA's short term assets (THB846.5M) exceed its long term liabilities (THB241.9M).
Debt to Equity History and Analysis
Debt Level: SUTHA's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: SUTHA's debt to equity ratio has reduced from 138.4% to 79.2% over the past 5 years.
Debt Coverage: SUTHA's debt is well covered by operating cash flow (23.7%).
Interest Coverage: SUTHA's interest payments on its debt are well covered by EBIT (4.1x coverage).