Steel Balance Sheet Health
Financial Health criteria checks 4/6
Steel has a total shareholder equity of THB2.0B and total debt of THB2.1B, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are THB4.4B and THB2.4B respectively.
Key information
106.6%
Debt to equity ratio
฿2.15b
Debt
Interest coverage ratio | n/a |
Cash | ฿190.80m |
Equity | ฿2.02b |
Total liabilities | ฿2.37b |
Total assets | ฿4.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THE-R's short term assets (THB2.4B) exceed its short term liabilities (THB2.3B).
Long Term Liabilities: THE-R's short term assets (THB2.4B) exceed its long term liabilities (THB43.5M).
Debt to Equity History and Analysis
Debt Level: THE-R's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: THE-R's debt to equity ratio has reduced from 184% to 106.6% over the past 5 years.
Debt Coverage: THE-R's debt is well covered by operating cash flow (30.3%).
Interest Coverage: Insufficient data to determine if THE-R's interest payments on its debt are well covered by EBIT.