Stark Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Stark has a total shareholder equity of THB8.7B and total debt of THB15.8B, which brings its debt-to-equity ratio to 180.6%. Its total assets and total liabilities are THB47.1B and THB38.4B respectively. Stark's EBIT is THB5.0B making its interest coverage ratio 3.9. It has cash and short-term investments of THB453.5M.
Key information
180.6%
Debt to equity ratio
฿15.77b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ฿453.48m |
| Equity | ฿8.73b |
| Total liabilities | ฿38.36b |
| Total assets | ฿47.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STARK-F's short term assets (THB35.8B) exceed its short term liabilities (THB31.3B).
Long Term Liabilities: STARK-F's short term assets (THB35.8B) exceed its long term liabilities (THB7.1B).
Debt to Equity History and Analysis
Debt Level: STARK-F's net debt to equity ratio (175.4%) is considered high.
Reducing Debt: STARK-F's debt to equity ratio has increased from 143% to 180.6% over the past 5 years.
Debt Coverage: STARK-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STARK-F's interest payments on its debt are well covered by EBIT (3.9x coverage).