Somboon Advance Technology Balance Sheet Health
Financial Health criteria checks 6/6
Somboon Advance Technology has a total shareholder equity of THB8.1B and total debt of THB26.3M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are THB10.0B and THB1.9B respectively. Somboon Advance Technology's EBIT is THB745.0M making its interest coverage ratio 317. It has cash and short-term investments of THB1.5B.
Key information
0.3%
Debt to equity ratio
฿26.28m
Debt
| Interest coverage ratio | 317x |
| Cash | ฿1.50b |
| Equity | ฿8.14b |
| Total liabilities | ฿1.87b |
| Total assets | ฿10.01b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAT's short term assets (THB5.5B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: SAT's short term assets (THB5.5B) exceed its long term liabilities (THB368.4M).
Debt to Equity History and Analysis
Debt Level: SAT has more cash than its total debt.
Reducing Debt: SAT's debt to equity ratio has reduced from 5.2% to 0.3% over the past 5 years.
Debt Coverage: SAT's debt is well covered by operating cash flow (4525.1%).
Interest Coverage: SAT's interest payments on its debt are well covered by EBIT (317x coverage).