Sirakorn Balance Sheet Health
Financial Health criteria checks 6/6
Sirakorn has a total shareholder equity of THB407.1M and total debt of THB12.0M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are THB543.9M and THB136.8M respectively. Sirakorn's EBIT is THB66.0M making its interest coverage ratio 57.4. It has cash and short-term investments of THB143.8M.
Key information
2.9%
Debt to equity ratio
฿12.00m
Debt
| Interest coverage ratio | 57.4x |
| Cash | ฿143.84m |
| Equity | ฿407.12m |
| Total liabilities | ฿136.75m |
| Total assets | ฿543.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SK's short term assets (THB316.8M) exceed its short term liabilities (THB93.7M).
Long Term Liabilities: SK's short term assets (THB316.8M) exceed its long term liabilities (THB43.1M).
Debt to Equity History and Analysis
Debt Level: SK has more cash than its total debt.
Reducing Debt: SK's debt to equity ratio has reduced from 8.3% to 2.9% over the past 5 years.
Debt Coverage: SK's debt is well covered by operating cash flow (1044.1%).
Interest Coverage: SK's interest payments on its debt are well covered by EBIT (57.4x coverage).