Sahamitr Pressure Container Balance Sheet Health
Financial Health criteria checks 6/6
Sahamitr Pressure Container has a total shareholder equity of THB2.8B and total debt of THB417.0M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are THB3.9B and THB1.1B respectively. Sahamitr Pressure Container's EBIT is THB455.1M making its interest coverage ratio 23.5. It has cash and short-term investments of THB643.7M.
Key information
15.1%
Debt to equity ratio
฿416.96m
Debt
Interest coverage ratio | 23.5x |
Cash | ฿643.67m |
Equity | ฿2.77b |
Total liabilities | ฿1.10b |
Total assets | ฿3.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMPC's short term assets (THB2.5B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: SMPC's short term assets (THB2.5B) exceed its long term liabilities (THB70.9M).
Debt to Equity History and Analysis
Debt Level: SMPC has more cash than its total debt.
Reducing Debt: SMPC's debt to equity ratio has reduced from 30.8% to 15.1% over the past 5 years.
Debt Coverage: SMPC's debt is well covered by operating cash flow (228.5%).
Interest Coverage: SMPC's interest payments on its debt are well covered by EBIT (23.5x coverage).