Siamraj Balance Sheet Health
Financial Health criteria checks 2/6
Siamraj has a total shareholder equity of THB663.0M and total debt of THB1.1B, which brings its debt-to-equity ratio to 161.2%. Its total assets and total liabilities are THB2.1B and THB1.4B respectively. Siamraj's EBIT is THB37.6M making its interest coverage ratio 0.5. It has cash and short-term investments of THB66.1M.
Key information
161.2%
Debt to equity ratio
฿1.07b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ฿66.14m |
| Equity | ฿662.99m |
| Total liabilities | ฿1.45b |
| Total assets | ฿2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SR's short term assets (THB479.8M) do not cover its short term liabilities (THB508.8M).
Long Term Liabilities: SR's short term assets (THB479.8M) do not cover its long term liabilities (THB940.9M).
Debt to Equity History and Analysis
Debt Level: SR's net debt to equity ratio (151.2%) is considered high.
Reducing Debt: SR's debt to equity ratio has increased from 16.9% to 161.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.4% per year.