Sahamit Machinery Balance Sheet Health
Financial Health criteria checks 5/6
Sahamit Machinery has a total shareholder equity of THB2.5B and total debt of THB37.2M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are THB2.8B and THB272.4M respectively. Sahamit Machinery's EBIT is THB151.3M making its interest coverage ratio -33.1. It has cash and short-term investments of THB630.8M.
Key information
1.5%
Debt to equity ratio
฿37.19m
Debt
| Interest coverage ratio | -33.1x |
| Cash | ฿630.79m |
| Equity | ฿2.52b |
| Total liabilities | ฿272.42m |
| Total assets | ฿2.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMIT-R's short term assets (THB1.9B) exceed its short term liabilities (THB168.0M).
Long Term Liabilities: SMIT-R's short term assets (THB1.9B) exceed its long term liabilities (THB104.4M).
Debt to Equity History and Analysis
Debt Level: SMIT-R has more cash than its total debt.
Reducing Debt: SMIT-R's debt to equity ratio has increased from 0.8% to 1.5% over the past 5 years.
Debt Coverage: SMIT-R's debt is well covered by operating cash flow (356.1%).
Interest Coverage: SMIT-R earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sahamit Machinery Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Watcharain Jongyanyong | Globlex Securities Co. Ltd. |
| Jaroonpan Wattanawong | Maybank Investment Bank Berhad |