Siamgas and Petrochemicals Balance Sheet Health
Financial Health criteria checks 3/6
Siamgas and Petrochemicals has a total shareholder equity of THB17.4B and total debt of THB18.1B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are THB49.8B and THB32.4B respectively. Siamgas and Petrochemicals's EBIT is THB2.2B making its interest coverage ratio 2. It has cash and short-term investments of THB3.2B.
Key information
104.0%
Debt to equity ratio
฿18.10b
Debt
Interest coverage ratio | 2x |
Cash | ฿3.19b |
Equity | ฿17.40b |
Total liabilities | ฿32.42b |
Total assets | ฿49.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4QVB's short term assets (THB18.7B) exceed its short term liabilities (THB12.4B).
Long Term Liabilities: 4QVB's short term assets (THB18.7B) do not cover its long term liabilities (THB20.0B).
Debt to Equity History and Analysis
Debt Level: 4QVB's net debt to equity ratio (85.7%) is considered high.
Reducing Debt: 4QVB's debt to equity ratio has reduced from 115.8% to 104% over the past 5 years.
Debt Coverage: 4QVB's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 4QVB's interest payments on its debt are not well covered by EBIT (2x coverage).