Srinanaporn Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Srinanaporn Marketing has a total shareholder equity of THB3.6B and total debt of THB754.9M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are THB5.7B and THB2.1B respectively. Srinanaporn Marketing's EBIT is THB829.9M making its interest coverage ratio 98.3. It has cash and short-term investments of THB103.2M.
Key information
21.0%
Debt to equity ratio
฿754.86m
Debt
| Interest coverage ratio | 98.3x |
| Cash | ฿103.24m |
| Equity | ฿3.59b |
| Total liabilities | ฿2.06b |
| Total assets | ฿5.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNNP's short term assets (THB3.0B) exceed its short term liabilities (THB1.7B).
Long Term Liabilities: SNNP's short term assets (THB3.0B) exceed its long term liabilities (THB370.8M).
Debt to Equity History and Analysis
Debt Level: SNNP's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: SNNP's debt to equity ratio has reduced from 914.3% to 21% over the past 5 years.
Debt Coverage: SNNP's debt is well covered by operating cash flow (48.9%).
Interest Coverage: SNNP's interest payments on its debt are well covered by EBIT (98.3x coverage).