Sirakorn Balance Sheet Health
Financial Health criteria checks 5/6
Sirakorn has a total shareholder equity of THB396.3M and total debt of THB97.0M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are THB657.5M and THB261.2M respectively. Sirakorn's EBIT is THB55.5M making its interest coverage ratio -5031.4. It has cash and short-term investments of THB133.6M.
Key information
24.5%
Debt to equity ratio
฿97.00m
Debt
Interest coverage ratio | -5031.4x |
Cash | ฿133.60m |
Equity | ฿396.30m |
Total liabilities | ฿261.17m |
Total assets | ฿657.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SK's short term assets (THB441.2M) exceed its short term liabilities (THB218.3M).
Long Term Liabilities: SK's short term assets (THB441.2M) exceed its long term liabilities (THB42.9M).
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 increased from 0% to 24.5% over the past 5 years.
Debt Coverage: SK's debt is well covered by operating cash flow (30.5%).
Interest Coverage: SK earns more interest than it pays, so coverage of interest payments is not a concern.