Steel Balance Sheet Health
Financial Health criteria checks 3/6
Steel has a total shareholder equity of THB2.0B and total debt of THB2.4B, which brings its debt-to-equity ratio to 122.4%. Its total assets and total liabilities are THB4.6B and THB2.6B respectively.
Key information
122.4%
Debt to equity ratio
฿2.41b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿126.85m |
| Equity | ฿1.97b |
| Total liabilities | ฿2.63b |
| Total assets | ฿4.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THE's short term assets (THB2.6B) exceed its short term liabilities (THB2.6B).
Long Term Liabilities: THE's short term assets (THB2.6B) exceed its long term liabilities (THB32.9M).
Debt to Equity History and Analysis
Debt Level: THE's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: THE's debt to equity ratio has reduced from 153.9% to 122.4% over the past 5 years.
Debt Coverage: THE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if THE's interest payments on its debt are well covered by EBIT.