Sri Trang Gloves (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Sri Trang Gloves (Thailand) has a total shareholder equity of THB36.8B and total debt of THB7.0B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are THB46.6B and THB9.7B respectively. Sri Trang Gloves (Thailand)'s EBIT is THB106.9M making its interest coverage ratio -1.6. It has cash and short-term investments of THB9.4B.
Key information
19.0%
Debt to equity ratio
฿6.99b
Debt
| Interest coverage ratio | -1.6x |
| Cash | ฿9.44b |
| Equity | ฿36.84b |
| Total liabilities | ฿9.75b |
| Total assets | ฿46.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STGT's short term assets (THB16.0B) exceed its short term liabilities (THB4.4B).
Long Term Liabilities: STGT's short term assets (THB16.0B) exceed its long term liabilities (THB5.3B).
Debt to Equity History and Analysis
Debt Level: STGT has more cash than its total debt.
Reducing Debt: STGT's debt to equity ratio has reduced from 138.3% to 19% over the past 5 years.
Debt Coverage: STGT's debt is well covered by operating cash flow (24.1%).
Interest Coverage: STGT earns more interest than it pays, so coverage of interest payments is not a concern.