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's short term assets (THB1.9B) exceed its short term liabilities (THB168.0M).
Long Term Liabilities: SMIT's short term assets (THB1.9B) exceed its long term liabilities (THB104.4M).
Debt to Equity History and Analysis
Debt Level: SMIT has more cash than its total debt.
Reducing Debt: SMIT's debt to equity ratio has increased from 0.8% to 1.5% over the past 5 years.
Debt Coverage: SMIT's debt is well covered by operating cash flow (356.1%).
Interest Coverage: SMIT earns more interest than it pays, so coverage of interest payments is not a concern.