Sahamit Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Sahamit Machinery has a total shareholder equity of THB2.5B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB2.8B and THB274.1M respectively. Sahamit Machinery's EBIT is THB160.1M making its interest coverage ratio 94.3. It has cash and short-term investments of THB620.8M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 94.3x |
Cash | ฿620.80m |
Equity | ฿2.53b |
Total liabilities | ฿274.12m |
Total assets | ฿2.81b |
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 (THB175.4M).
Long Term Liabilities: SMIT's short term assets (THB1.9B) exceed its long term liabilities (THB98.7M).
Debt to Equity History and Analysis
Debt Level: SMIT is debt free.
Reducing Debt: SMIT has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: SMIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SMIT has no debt, therefore coverage of interest payments is not a concern.