Sri Trang Gloves (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Sri Trang Gloves (Thailand) has a total shareholder equity of THB36.7B and total debt of THB7.0B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are THB46.8B and THB10.1B respectively. Sri Trang Gloves (Thailand)'s EBIT is THB647.2M making its interest coverage ratio -7.9. It has cash and short-term investments of THB5.4B.
Key information
19.1%
Debt to equity ratio
฿7.00b
Debt
| Interest coverage ratio | -7.9x |
| Cash | ฿5.37b |
| Equity | ฿36.71b |
| Total liabilities | ฿10.13b |
| Total assets | ฿46.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STGT's short term assets (THB13.6B) exceed its short term liabilities (THB6.8B).
Long Term Liabilities: STGT's short term assets (THB13.6B) exceed its long term liabilities (THB3.3B).
Debt to Equity History and Analysis
Debt Level: STGT's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: STGT's debt to equity ratio has reduced from 155.9% to 19.1% over the past 5 years.
Debt Coverage: STGT's debt is well covered by operating cash flow (27.4%).
Interest Coverage: STGT earns more interest than it pays, so coverage of interest payments is not a concern.