Sanko Diecasting (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Sanko Diecasting (Thailand) has a total shareholder equity of THB302.3M and total debt of THB55.2M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are THB550.5M and THB248.2M respectively. Sanko Diecasting (Thailand)'s EBIT is THB88.5M making its interest coverage ratio 18.1. It has cash and short-term investments of THB20.6M.
Key information
18.3%
Debt to equity ratio
฿55.20m
Debt
| Interest coverage ratio | 18.1x |
| Cash | ฿20.62m |
| Equity | ฿302.32m |
| Total liabilities | ฿248.20m |
| Total assets | ฿550.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SANKO-R's short term assets (THB297.0M) exceed its short term liabilities (THB192.3M).
Long Term Liabilities: SANKO-R's short term assets (THB297.0M) exceed its long term liabilities (THB55.9M).
Debt to Equity History and Analysis
Debt Level: SANKO-R's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: SANKO-R's debt to equity ratio has reduced from 30.4% to 18.3% over the past 5 years.
Debt Coverage: SANKO-R's debt is well covered by operating cash flow (212.7%).
Interest Coverage: SANKO-R's interest payments on its debt are well covered by EBIT (18.1x coverage).