Stecon Group Balance Sheet Health
Financial Health criteria checks 3/6
Stecon Group has a total shareholder equity of THB17.1B and total debt of THB4.5B, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are THB46.4B and THB29.3B respectively. Stecon Group's EBIT is THB617.4M making its interest coverage ratio -4.3. It has cash and short-term investments of THB3.9B.
Key information
26.2%
Debt to equity ratio
฿4.49b
Debt
| Interest coverage ratio | -4.3x |
| Cash | ฿3.92b |
| Equity | ฿17.11b |
| Total liabilities | ฿29.33b |
| Total assets | ฿46.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STECON's short term assets (THB20.2B) do not cover its short term liabilities (THB26.9B).
Long Term Liabilities: STECON's short term assets (THB20.2B) exceed its long term liabilities (THB2.4B).
Debt to Equity History and Analysis
Debt Level: STECON's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: STECON's debt to equity ratio has increased from 0% to 26.2% over the past 5 years.
Debt Coverage: STECON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STECON earns more interest than it pays, so coverage of interest payments is not a concern.