Sino-Thai Engineering and Construction Balance Sheet Health
Financial Health criteria checks 3/6
Sino-Thai Engineering and Construction has a total shareholder equity of THB17.8B and total debt of THB4.5B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are THB47.9B and THB30.1B respectively. Sino-Thai Engineering and Construction's EBIT is THB555.8M making its interest coverage ratio -4.7. It has cash and short-term investments of THB3.6B.
Key information
25.5%
Debt to equity ratio
฿4.54b
Debt
Interest coverage ratio | -4.7x |
Cash | ฿3.58b |
Equity | ฿17.83b |
Total liabilities | ฿30.10b |
Total assets | ฿47.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STEC-R's short term assets (THB21.2B) do not cover its short term liabilities (THB27.5B).
Long Term Liabilities: STEC-R's short term assets (THB21.2B) exceed its long term liabilities (THB2.6B).
Debt to Equity History and Analysis
Debt Level: STEC-R's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: STEC-R's debt to equity ratio has increased from 0% to 25.5% over the past 5 years.
Debt Coverage: STEC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STEC-R earns more interest than it pays, so coverage of interest payments is not a concern.