Sanko Diecasting (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Sanko Diecasting (Thailand) has a total shareholder equity of THB278.6M and total debt of THB80.3M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are THB536.4M and THB257.9M respectively. Sanko Diecasting (Thailand)'s EBIT is THB77.6M making its interest coverage ratio 11.2. It has cash and short-term investments of THB40.5M.
Key information
28.8%
Debt to equity ratio
฿80.30m
Debt
Interest coverage ratio | 11.2x |
Cash | ฿40.51m |
Equity | ฿278.56m |
Total liabilities | ฿257.89m |
Total assets | ฿536.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SANKO's short term assets (THB281.9M) exceed its short term liabilities (THB195.2M).
Long Term Liabilities: SANKO's short term assets (THB281.9M) exceed its long term liabilities (THB62.6M).
Debt to Equity History and Analysis
Debt Level: SANKO's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: SANKO's debt to equity ratio has reduced from 37.6% to 28.8% over the past 5 years.
Debt Coverage: SANKO's debt is well covered by operating cash flow (133%).
Interest Coverage: SANKO's interest payments on its debt are well covered by EBIT (11.2x coverage).