Sahakol Equipment Balance Sheet Health
Financial Health criteria checks 1/6
Sahakol Equipment has a total shareholder equity of THB2.7B and total debt of THB5.2B, which brings its debt-to-equity ratio to 191.2%. Its total assets and total liabilities are THB8.9B and THB6.2B respectively. Sahakol Equipment's EBIT is THB285.1M making its interest coverage ratio 1. It has cash and short-term investments of THB197.0M.
Key information
191.2%
Debt to equity ratio
฿5.20b
Debt
| Interest coverage ratio | 1x |
| Cash | ฿196.95m |
| Equity | ฿2.72b |
| Total liabilities | ฿6.22b |
| Total assets | ฿8.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ-R's short term assets (THB1.3B) do not cover its short term liabilities (THB3.7B).
Long Term Liabilities: SQ-R's short term assets (THB1.3B) do not cover its long term liabilities (THB2.5B).
Debt to Equity History and Analysis
Debt Level: SQ-R's net debt to equity ratio (184%) is considered high.
Reducing Debt: SQ-R's debt to equity ratio has reduced from 359.6% to 191.2% over the past 5 years.
Debt Coverage: SQ-R's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: SQ-R's interest payments on its debt are not well covered by EBIT (1x coverage).