Syntec Construction Balance Sheet Health
Financial Health criteria checks 6/6
Syntec Construction has a total shareholder equity of THB6.0B and total debt of THB1.2B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are THB10.7B and THB4.7B respectively. Syntec Construction's EBIT is THB377.4M making its interest coverage ratio 4.9. It has cash and short-term investments of THB3.8B.
Key information
19.5%
Debt to equity ratio
฿1.17b
Debt
| Interest coverage ratio | 4.9x |
| Cash | ฿3.77b |
| Equity | ฿6.01b |
| Total liabilities | ฿4.70b |
| Total assets | ฿10.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYNTEC-R's short term assets (THB5.4B) exceed its short term liabilities (THB3.1B).
Long Term Liabilities: SYNTEC-R's short term assets (THB5.4B) exceed its long term liabilities (THB1.6B).
Debt to Equity History and Analysis
Debt Level: SYNTEC-R has more cash than its total debt.
Reducing Debt: SYNTEC-R's debt to equity ratio has reduced from 30.3% to 19.5% over the past 5 years.
Debt Coverage: SYNTEC-R's debt is well covered by operating cash flow (159.3%).
Interest Coverage: SYNTEC-R's interest payments on its debt are well covered by EBIT (4.9x coverage).