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 THB18.1B and total debt of THB4.9B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are THB47.4B and THB29.4B respectively. Sino-Thai Engineering and Construction's EBIT is THB534.8M making its interest coverage ratio -3.6. It has cash and short-term investments of THB5.3B.
Key information
26.9%
Debt to equity ratio
฿4.86b
Debt
| Interest coverage ratio | -3.6x |
| Cash | ฿5.31b |
| Equity | ฿18.07b |
| Total liabilities | ฿29.38b |
| Total assets | ฿47.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STEC's short term assets (THB20.6B) do not cover its short term liabilities (THB26.7B).
Long Term Liabilities: STEC's short term assets (THB20.6B) exceed its long term liabilities (THB2.7B).
Debt to Equity History and Analysis
Debt Level: STEC has more cash than its total debt.
Reducing Debt: STEC's debt to equity ratio has increased from 0% to 26.9% over the past 5 years.
Debt Coverage: STEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STEC earns more interest than it pays, so coverage of interest payments is not a concern.