S&P Syndicate Balance Sheet Health
Financial Health criteria checks 6/6
S&P Syndicate has a total shareholder equity of THB2.8B and total debt of THB28.5M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are THB5.0B and THB2.3B respectively. S&P Syndicate's EBIT is THB544.5M making its interest coverage ratio 8.7. It has cash and short-term investments of THB1.1B.
Key information
1.0%
Debt to equity ratio
฿28.45m
Debt
Interest coverage ratio | 8.7x |
Cash | ฿1.08b |
Equity | ฿2.76b |
Total liabilities | ฿2.28b |
Total assets | ฿5.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNP-R's short term assets (THB1.7B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: SNP-R's short term assets (THB1.7B) exceed its long term liabilities (THB969.3M).
Debt to Equity History and Analysis
Debt Level: SNP-R has more cash than its total debt.
Reducing Debt: SNP-R's debt to equity ratio has reduced from 7.7% to 1% over the past 5 years.
Debt Coverage: SNP-R's debt is well covered by operating cash flow (3905.9%).
Interest Coverage: SNP-R's interest payments on its debt are well covered by EBIT (8.7x coverage).