Delta Electronics (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
Delta Electronics (Thailand) has a total shareholder equity of THB74.1B and total debt of THB1.8B, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are THB115.0B and THB40.9B respectively. Delta Electronics (Thailand)'s EBIT is THB19.4B making its interest coverage ratio -178.9. It has cash and short-term investments of THB6.1B.
Key information
2.4%
Debt to equity ratio
฿1.81b
Debt
| Interest coverage ratio | -178.9x |
| Cash | ฿6.15b |
| Equity | ฿74.11b |
| Total liabilities | ฿40.92b |
| Total assets | ฿115.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DELTA-R's short term assets (THB77.2B) exceed its short term liabilities (THB36.4B).
Long Term Liabilities: DELTA-R's short term assets (THB77.2B) exceed its long term liabilities (THB4.6B).
Debt to Equity History and Analysis
Debt Level: DELTA-R has more cash than its total debt.
Reducing Debt: DELTA-R's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
Debt Coverage: DELTA-R's debt is well covered by operating cash flow (1088.1%).
Interest Coverage: DELTA-R earns more interest than it pays, so coverage of interest payments is not a concern.