Sky Tower Balance Sheet Health
Financial Health criteria checks 6/6
Sky Tower has a total shareholder equity of THB884.5M and total debt of THB12.3M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are THB1.1B and THB260.2M respectively.
Key information
1.4%
Debt to equity ratio
฿12.28m
Debt
Interest coverage ratio | n/a |
Cash | ฿246.17m |
Equity | ฿884.51m |
Total liabilities | ฿260.16m |
Total assets | ฿1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STOWER's short term assets (THB454.3M) exceed its short term liabilities (THB112.2M).
Long Term Liabilities: STOWER's short term assets (THB454.3M) exceed its long term liabilities (THB147.9M).
Debt to Equity History and Analysis
Debt Level: STOWER has more cash than its total debt.
Reducing Debt: STOWER's debt to equity ratio has reduced from 72.3% to 1.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: STOWER has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: STOWER has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 13% each year.