Srinanaporn Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Srinanaporn Marketing has a total shareholder equity of THB3.4B and total debt of THB758.9M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are THB5.4B and THB2.0B respectively. Srinanaporn Marketing's EBIT is THB826.2M making its interest coverage ratio 77.6. It has cash and short-term investments of THB127.3M.
Key information
22.4%
Debt to equity ratio
฿758.88m
Debt
| Interest coverage ratio | 77.6x |
| Cash | ฿127.25m |
| Equity | ฿3.39b |
| Total liabilities | ฿2.01b |
| Total assets | ฿5.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNNP-R's short term assets (THB2.9B) exceed its short term liabilities (THB1.7B).
Long Term Liabilities: SNNP-R's short term assets (THB2.9B) exceed its long term liabilities (THB317.8M).
Debt to Equity History and Analysis
Debt Level: SNNP-R's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: SNNP-R's debt to equity ratio has reduced from 778.2% to 22.4% over the past 5 years.
Debt Coverage: SNNP-R's debt is well covered by operating cash flow (64.2%).
Interest Coverage: SNNP-R's interest payments on its debt are well covered by EBIT (77.6x coverage).