Sahakol Equipment Balance Sheet Health
Financial Health criteria checks 1/6
Sahakol Equipment has a total shareholder equity of THB2.9B and total debt of THB5.1B, which brings its debt-to-equity ratio to 173.5%. Its total assets and total liabilities are THB9.6B and THB6.7B respectively. Sahakol Equipment's EBIT is THB445.5M making its interest coverage ratio 1.6. It has cash and short-term investments of THB296.9M.
Key information
173.5%
Debt to equity ratio
฿5.08b
Debt
Interest coverage ratio | 1.6x |
Cash | ฿296.89m |
Equity | ฿2.93b |
Total liabilities | ฿6.68b |
Total assets | ฿9.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ's short term assets (THB1.6B) do not cover its short term liabilities (THB4.4B).
Long Term Liabilities: SQ's short term assets (THB1.6B) do not cover its long term liabilities (THB2.3B).
Debt to Equity History and Analysis
Debt Level: SQ's net debt to equity ratio (163.4%) is considered high.
Reducing Debt: SQ's debt to equity ratio has reduced from 326.2% to 173.5% over the past 5 years.
Debt Coverage: SQ's debt is not well covered by operating cash flow (7%).
Interest Coverage: SQ's interest payments on its debt are not well covered by EBIT (1.6x coverage).