Sahakol Equipment Balance Sheet Health
Financial Health criteria checks 1/6
Sahakol Equipment has a total shareholder equity of THB2.8B and total debt of THB5.4B, which brings its debt-to-equity ratio to 188.8%. Its total assets and total liabilities are THB9.4B and THB6.6B respectively. Sahakol Equipment's EBIT is THB401.3M making its interest coverage ratio 1.4. It has cash and short-term investments of THB207.1M.
Key information
188.8%
Debt to equity ratio
฿5.37b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿207.14m |
| Equity | ฿2.84b |
| Total liabilities | ฿6.57b |
| Total assets | ฿9.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ-R's short term assets (THB1.6B) do not cover its short term liabilities (THB4.1B).
Long Term Liabilities: SQ-R's short term assets (THB1.6B) 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 (181.5%) is considered high.
Reducing Debt: SQ-R's debt to equity ratio has reduced from 326.9% to 188.8% over the past 5 years.
Debt Coverage: SQ-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SQ-R's interest payments on its debt are not well covered by EBIT (1.4x coverage).