Sikarin Balance Sheet Health
Financial Health criteria checks 6/6
Sikarin has a total shareholder equity of THB7.7B and total debt of THB262.7M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are THB9.3B and THB1.6B respectively. Sikarin's EBIT is THB1.1B making its interest coverage ratio 36.3. It has cash and short-term investments of THB673.8M.
Key information
3.4%
Debt to equity ratio
฿262.70m
Debt
| Interest coverage ratio | 36.3x |
| Cash | ฿673.81m |
| Equity | ฿7.66b |
| Total liabilities | ฿1.64b |
| Total assets | ฿9.30b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKR-R's short term assets (THB2.3B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: SKR-R's short term assets (THB2.3B) exceed its long term liabilities (THB615.1M).
Debt to Equity History and Analysis
Debt Level: SKR-R has more cash than its total debt.
Reducing Debt: SKR-R's debt to equity ratio has reduced from 31.4% to 3.4% over the past 5 years.
Debt Coverage: SKR-R's debt is well covered by operating cash flow (509.8%).
Interest Coverage: SKR-R's interest payments on its debt are well covered by EBIT (36.3x coverage).