Srinanaporn Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Srinanaporn Marketing has a total shareholder equity of THB3.5B and total debt of THB455.4M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are THB5.2B and THB1.8B respectively. Srinanaporn Marketing's EBIT is THB824.4M making its interest coverage ratio 144.9. It has cash and short-term investments of THB71.9M.
Key information
13.2%
Debt to equity ratio
฿455.41m
Debt
Interest coverage ratio | 144.9x |
Cash | ฿71.90m |
Equity | ฿3.46b |
Total liabilities | ฿1.76b |
Total assets | ฿5.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNNP's short term assets (THB2.6B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: SNNP's short term assets (THB2.6B) exceed its long term liabilities (THB392.2M).
Debt to Equity History and Analysis
Debt Level: SNNP's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: SNNP's debt to equity ratio has reduced from 1062.9% to 13.2% over the past 5 years.
Debt Coverage: SNNP's debt is well covered by operating cash flow (98.8%).
Interest Coverage: SNNP's interest payments on its debt are well covered by EBIT (144.9x coverage).