SAAM Development Balance Sheet Health
Financial Health criteria checks 5/6
SAAM Development has a total shareholder equity of THB412.4M and total debt of THB42.0M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are THB505.3M and THB92.9M respectively. SAAM Development's EBIT is THB74.3M making its interest coverage ratio 26.8. It has cash and short-term investments of THB140.0M.
Key information
10.2%
Debt to equity ratio
฿42.03m
Debt
| Interest coverage ratio | 26.8x |
| Cash | ฿139.98m |
| Equity | ฿412.40m |
| Total liabilities | ฿92.86m |
| Total assets | ฿505.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAAM's short term assets (THB195.7M) exceed its short term liabilities (THB37.5M).
Long Term Liabilities: SAAM's short term assets (THB195.7M) exceed its long term liabilities (THB55.4M).
Debt to Equity History and Analysis
Debt Level: SAAM has more cash than its total debt.
Reducing Debt: SAAM's debt to equity ratio has reduced from 44.2% to 10.2% over the past 5 years.
Debt Coverage: SAAM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SAAM's interest payments on its debt are well covered by EBIT (26.8x coverage).