Srithai Superware Balance Sheet Health
Financial Health criteria checks 6/6
Srithai Superware has a total shareholder equity of THB4.5B and total debt of THB1.5B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are THB7.6B and THB3.0B respectively. Srithai Superware's EBIT is THB477.6M making its interest coverage ratio 6.9. It has cash and short-term investments of THB769.9M.
Key information
33.1%
Debt to equity ratio
฿1.50b
Debt
Interest coverage ratio | 6.9x |
Cash | ฿769.87m |
Equity | ฿4.53b |
Total liabilities | ฿3.03b |
Total assets | ฿7.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITHAI's short term assets (THB3.5B) exceed its short term liabilities (THB2.1B).
Long Term Liabilities: SITHAI's short term assets (THB3.5B) exceed its long term liabilities (THB954.7M).
Debt to Equity History and Analysis
Debt Level: SITHAI's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: SITHAI's debt to equity ratio has reduced from 91% to 33.1% over the past 5 years.
Debt Coverage: SITHAI's debt is well covered by operating cash flow (63.4%).
Interest Coverage: SITHAI's interest payments on its debt are well covered by EBIT (6.9x coverage).