Syn Mun Kong Insurance Public Company Limited

SET:SMK Stock Report

Market Cap: ฿160.0m

Syn Mun Kong Insurance Balance Sheet Health

Financial Health criteria checks 3/6

Syn Mun Kong Insurance has a total shareholder equity of THB-30.5B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB7.2B and THB37.7B respectively.

Key information

0%

Debt to equity ratio

฿0

Debt

Interest coverage ration/a
Cash฿2.37b
Equity-฿30.47b
Total liabilities฿37.67b
Total assets฿7.20b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SMK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SMK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SMK is debt free.

Reducing Debt: SMK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SMK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SMK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.8% per year.


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