Siam City Cement Balance Sheet Health
Financial Health criteria checks 4/6
Siam City Cement has a total shareholder equity of THB34.6B and total debt of THB20.9B, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are THB73.7B and THB39.1B respectively. Siam City Cement's EBIT is THB3.8B making its interest coverage ratio 3.6. It has cash and short-term investments of THB7.7B.
Key information
60.3%
Debt to equity ratio
฿20.86b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ฿7.74b |
| Equity | ฿34.57b |
| Total liabilities | ฿39.08b |
| Total assets | ฿73.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCCC's short term assets (THB17.2B) do not cover its short term liabilities (THB19.2B).
Long Term Liabilities: SCCC's short term assets (THB17.2B) do not cover its long term liabilities (THB19.9B).
Debt to Equity History and Analysis
Debt Level: SCCC's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: SCCC's debt to equity ratio has reduced from 92.7% to 60.3% over the past 5 years.
Debt Coverage: SCCC's debt is well covered by operating cash flow (39.9%).
Interest Coverage: SCCC's interest payments on its debt are well covered by EBIT (3.6x coverage).