CSP Steel Center Balance Sheet Health
Financial Health criteria checks 3/6
CSP Steel Center has a total shareholder equity of THB657.3M and total debt of THB1.2B, which brings its debt-to-equity ratio to 180.2%. Its total assets and total liabilities are THB2.0B and THB1.3B respectively.
Key information
180.2%
Debt to equity ratio
฿1.18b
Debt
Interest coverage ratio | n/a |
Cash | ฿11.07m |
Equity | ฿657.26m |
Total liabilities | ฿1.32b |
Total assets | ฿1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSP's short term assets (THB1.3B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: CSP's short term assets (THB1.3B) exceed its long term liabilities (THB35.5M).
Debt to Equity History and Analysis
Debt Level: CSP's net debt to equity ratio (178.5%) is considered high.
Reducing Debt: CSP's debt to equity ratio has reduced from 233.2% to 180.2% over the past 5 years.
Debt Coverage: CSP's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: Insufficient data to determine if CSP's interest payments on its debt are well covered by EBIT.