Golden Lime Balance Sheet Health
Financial Health criteria checks 3/6
Golden Lime has a total shareholder equity of THB1.0B and total debt of THB827.0M, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are THB2.2B and THB1.2B respectively. Golden Lime's EBIT is THB101.2M making its interest coverage ratio 2.6. It has cash and short-term investments of THB67.0M.
Key information
81.8%
Debt to equity ratio
฿826.99m
Debt
Interest coverage ratio | 2.6x |
Cash | ฿66.99m |
Equity | ฿1.01b |
Total liabilities | ฿1.20b |
Total assets | ฿2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUTHA's short term assets (THB786.8M) do not cover its short term liabilities (THB886.7M).
Long Term Liabilities: SUTHA's short term assets (THB786.8M) exceed its long term liabilities (THB315.5M).
Debt to Equity History and Analysis
Debt Level: SUTHA's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: SUTHA's debt to equity ratio has reduced from 124.3% to 81.8% over the past 5 years.
Debt Coverage: SUTHA's debt is well covered by operating cash flow (27.7%).
Interest Coverage: SUTHA's interest payments on its debt are not well covered by EBIT (2.6x coverage).