Sikarin Balance Sheet Health
Financial Health criteria checks 6/6
Sikarin has a total shareholder equity of THB7.4B and total debt of THB373.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are THB9.2B and THB1.8B respectively. Sikarin's EBIT is THB1.2B making its interest coverage ratio 34.4. It has cash and short-term investments of THB336.5M.
Key information
5.0%
Debt to equity ratio
฿373.05m
Debt
Interest coverage ratio | 34.4x |
Cash | ฿336.48m |
Equity | ฿7.45b |
Total liabilities | ฿1.80b |
Total assets | ฿9.25b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKR's short term assets (THB2.2B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: SKR's short term assets (THB2.2B) exceed its long term liabilities (THB660.3M).
Debt to Equity History and Analysis
Debt Level: SKR's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: SKR's debt to equity ratio has reduced from 26.3% to 5% over the past 5 years.
Debt Coverage: SKR's debt is well covered by operating cash flow (362%).
Interest Coverage: SKR's interest payments on its debt are well covered by EBIT (34.4x coverage).