SAAM Development Balance Sheet Health
Financial Health criteria checks 5/6
SAAM Development has a total shareholder equity of THB415.3M and total debt of THB36.1M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are THB499.7M and THB84.4M respectively. SAAM Development's EBIT is THB71.2M making its interest coverage ratio 25.8. It has cash and short-term investments of THB79.4M.
Key information
8.7%
Debt to equity ratio
฿36.10m
Debt
| Interest coverage ratio | 25.8x |
| Cash | ฿79.38m |
| Equity | ฿415.29m |
| Total liabilities | ฿84.42m |
| Total assets | ฿499.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAAM's short term assets (THB142.4M) exceed its short term liabilities (THB35.9M).
Long Term Liabilities: SAAM's short term assets (THB142.4M) exceed its long term liabilities (THB48.5M).
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 35.5% to 8.7% 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 (25.8x coverage).