Siam City Cement Balance Sheet Health
Financial Health criteria checks 2/6
Siam City Cement has a total shareholder equity of THB33.8B and total debt of THB20.8B, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are THB69.7B and THB35.9B respectively. Siam City Cement's EBIT is THB3.0B making its interest coverage ratio 2.8. It has cash and short-term investments of THB6.0B.
Key information
61.5%
Debt to equity ratio
฿20.82b
Debt
Interest coverage ratio | 2.8x |
Cash | ฿6.03b |
Equity | ฿33.85b |
Total liabilities | ฿35.85b |
Total assets | ฿69.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RY5's short term assets (THB15.2B) do not cover its short term liabilities (THB16.2B).
Long Term Liabilities: RY5's short term assets (THB15.2B) do not cover its long term liabilities (THB19.7B).
Debt to Equity History and Analysis
Debt Level: RY5's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: RY5's debt to equity ratio has reduced from 89.5% to 61.5% over the past 5 years.
Debt Coverage: RY5's debt is well covered by operating cash flow (27.9%).
Interest Coverage: RY5's interest payments on its debt are not well covered by EBIT (2.8x coverage).