Sri Trang Gloves (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Sri Trang Gloves (Thailand) has a total shareholder equity of THB38.1B and total debt of THB7.3B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are THB48.7B and THB10.6B respectively. Sri Trang Gloves (Thailand)'s EBIT is THB397.8M making its interest coverage ratio -3.6. It has cash and short-term investments of THB6.0B.
Key information
19.3%
Debt to equity ratio
฿7.33b
Debt
| Interest coverage ratio | -3.6x |
| Cash | ฿5.99b |
| Equity | ฿38.08b |
| Total liabilities | ฿10.57b |
| Total assets | ฿48.66b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: STGT-F's short term assets (THB14.5B) exceed its short term liabilities (THB6.3B).
Long Term Liabilities: STGT-F's short term assets (THB14.5B) exceed its long term liabilities (THB4.3B).
Debt to Equity History and Analysis
Debt Level: STGT-F's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: STGT-F's debt to equity ratio has reduced from 150.4% to 19.3% over the past 5 years.
Debt Coverage: STGT-F's debt is well covered by operating cash flow (21.9%).
Interest Coverage: STGT-F earns more interest than it pays, so coverage of interest payments is not a concern.