Sub Sri Thai Balance Sheet Health
Financial Health criteria checks 2/6
Sub Sri Thai has a total shareholder equity of THB2.7B and total debt of THB2.5B, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are THB7.6B and THB5.0B respectively. Sub Sri Thai's EBIT is THB186.5M making its interest coverage ratio 0.8. It has cash and short-term investments of THB165.4M.
Key information
92.9%
Debt to equity ratio
฿2.48b
Debt
Interest coverage ratio | 0.8x |
Cash | ฿165.43m |
Equity | ฿2.67b |
Total liabilities | ฿4.96b |
Total assets | ฿7.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SST-R's short term assets (THB701.3M) do not cover its short term liabilities (THB2.1B).
Long Term Liabilities: SST-R's short term assets (THB701.3M) do not cover its long term liabilities (THB2.9B).
Debt to Equity History and Analysis
Debt Level: SST-R's net debt to equity ratio (86.7%) is considered high.
Reducing Debt: SST-R's debt to equity ratio has increased from 42.7% to 92.9% 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 SST-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SST-R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31% per year.