Srinanaporn Marketing Public Company Limited

SET:SNNP Stock Report

Market Cap: ฿11.3b

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 ratio77.6x
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's short term assets (THB2.9B) exceed its short term liabilities (THB1.7B).

Long Term Liabilities: SNNP's short term assets (THB2.9B) exceed its long term liabilities (THB317.8M).


Debt to Equity History and Analysis

Debt Level: SNNP's net debt to equity ratio (18.7%) is considered satisfactory.

Reducing Debt: SNNP's debt to equity ratio has reduced from 778.2% to 22.4% over the past 5 years.

Debt Coverage: SNNP's debt is well covered by operating cash flow (64.2%).

Interest Coverage: SNNP's interest payments on its debt are well covered by EBIT (77.6x coverage).


Balance Sheet


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