Syntec Construction Balance Sheet Health
Financial Health criteria checks 6/6
Syntec Construction has a total shareholder equity of THB5.9B and total debt of THB1.2B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are THB10.9B and THB5.1B respectively. Syntec Construction's EBIT is THB289.6M making its interest coverage ratio 3.6. It has cash and short-term investments of THB3.8B.
Key information
20.8%
Debt to equity ratio
฿1.22b
Debt
Interest coverage ratio | 3.6x |
Cash | ฿3.78b |
Equity | ฿5.86b |
Total liabilities | ฿5.08b |
Total assets | ฿10.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYNTEC's short term assets (THB5.4B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: SYNTEC's short term assets (THB5.4B) exceed its long term liabilities (THB1.9B).
Debt to Equity History and Analysis
Debt Level: SYNTEC has more cash than its total debt.
Reducing Debt: SYNTEC's debt to equity ratio has reduced from 31.9% to 20.8% over the past 5 years.
Debt Coverage: SYNTEC's debt is well covered by operating cash flow (153%).
Interest Coverage: SYNTEC's interest payments on its debt are well covered by EBIT (3.6x coverage).