Forth Smart Service Balance Sheet Health
Financial Health criteria checks 5/6
Forth Smart Service has a total shareholder equity of THB1.2B and total debt of THB220.0M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are THB2.7B and THB1.6B respectively. Forth Smart Service's EBIT is THB273.3M making its interest coverage ratio -10.5. It has cash and short-term investments of THB276.3M.
Key information
18.8%
Debt to equity ratio
฿220.00m
Debt
Interest coverage ratio | -10.5x |
Cash | ฿276.28m |
Equity | ฿1.17b |
Total liabilities | ฿1.57b |
Total assets | ฿2.74b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSMART's short term assets (THB1.4B) do not cover its short term liabilities (THB1.5B).
Long Term Liabilities: FSMART's short term assets (THB1.4B) exceed its long term liabilities (THB102.6M).
Debt to Equity History and Analysis
Debt Level: FSMART has more cash than its total debt.
Reducing Debt: FSMART's debt to equity ratio has reduced from 99.5% to 18.8% over the past 5 years.
Debt Coverage: FSMART's debt is well covered by operating cash flow (250.3%).
Interest Coverage: FSMART earns more interest than it pays, so coverage of interest payments is not a concern.