Star Petroleum Refining Balance Sheet Health
Financial Health criteria checks 3/6
Star Petroleum Refining has a total shareholder equity of THB37.3B and total debt of THB9.7B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are THB67.1B and THB29.8B respectively.
Key information
25.9%
Debt to equity ratio
฿9.67b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿481.64m |
| Equity | ฿37.33b |
| Total liabilities | ฿29.79b |
| Total assets | ฿67.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPRC-R's short term assets (THB39.4B) exceed its short term liabilities (THB20.3B).
Long Term Liabilities: SPRC-R's short term assets (THB39.4B) exceed its long term liabilities (THB9.5B).
Debt to Equity History and Analysis
Debt Level: SPRC-R's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: SPRC-R's debt to equity ratio has increased from 4.5% to 25.9% over the past 5 years.
Debt Coverage: SPRC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPRC-R's interest payments on its debt are well covered by EBIT.