DV8 Balance Sheet Health

Financial Health criteria checks 6/6

DV8 has a total shareholder equity of THB764.4M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB812.9M and THB48.5M respectively. DV8's EBIT is THB233.6K making its interest coverage ratio 0.2. It has cash and short-term investments of THB629.9M.

Key information

Debt to equity ratio

฿0

Debt

Interest coverage ratio	0.2x
Cash	฿629.93m
Equity	฿764.36m
Total liabilities	฿48.50m
Total assets	฿812.86m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DV8's short term assets (THB745.7M) exceed its short term liabilities (THB35.9M).

Long Term Liabilities: DV8's short term assets (THB745.7M) exceed its long term liabilities (THB12.6M).

Debt to Equity History and Analysis

Debt Level: DV8 is debt free.

Reducing Debt: DV8 has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.

Debt Coverage: DV8 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DV8 has no debt, therefore coverage of interest payments is not a concern.

DV8 Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Second quarter 2024 earnings released: EPS: ฿0.001 (vs ฿0.016 loss in 2Q 2023)

Dv8 Public Company Limited Appoints Mr. Worawong Rakhangthong as Independent Director and the Audit Committee Member

DV8 Public Company Limited Appoints Supannee Klammanee as Chief Financial Officer

DV8 Public Company Limited Announces Resignation of Suchart Dejittirut as Independent Director and Audit Committee Member

First quarter 2024 earnings released: ฿0.006 loss per share (vs ฿0.021 loss in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: ฿0.035 loss per share (vs ฿0.02 loss in FY 2022)

Third quarter 2023 earnings released: ฿0.018 loss per share (vs ฿0.012 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.016 loss per share (vs ฿0.005 loss in 2Q 2022)

DV8 Public Company Limited Announces Change of Company Secretary, Effective 15 August 2023

New major risk - Shareholder dilution

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.013 loss in 2Q 2021)

First quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.007 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

DV8 Public Company Limited Announces Board Changes

DV8 Public Company Limited Announces Resignation of Nataya Ouivirach as Director

CEO & Director Sureeporn Udompolvanich has left the company

Second quarter 2021 earnings released: ฿0.013 loss per share (vs ฿0.003 loss in 2Q 2020)

First quarter 2021 earnings released: ฿0.007 loss per share (vs ฿0.005 profit in 1Q 2020)

DV8 Public Company Limited Announces Changes to Its Board

Independent Director has left the company

DV8 Public Company Limited Announces Resignation of Soontorn Dentham as Independent Director

New 90-day high: ฿0.35

Full year 2020 earnings released: EPS ฿0.001 (vs ฿0.26 loss in FY 2019)

New 90-day low: ฿0.27

DV8 Public Company Limited Appoints Mr. Tanai Charinsarn as an Independent Director

DV8 Public Company Limited Appoints Soontorn Dentham as an Independent Director

New 90-day low: ฿0.28

DV8 Public Company Limited Approves Board Changes

New 90-day low - ฿0.30

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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