Siam Steel Service Center Balance Sheet Health
Financial Health criteria checks 6/6
Siam Steel Service Center has a total shareholder equity of THB3.3B and total debt of THB185.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are THB3.9B and THB646.5M respectively. Siam Steel Service Center's EBIT is THB254.3M making its interest coverage ratio 16.4. It has cash and short-term investments of THB149.6M.
Key information
5.7%
Debt to equity ratio
฿184.99m
Debt
Interest coverage ratio | 16.4x |
Cash | ฿149.57m |
Equity | ฿3.25b |
Total liabilities | ฿646.47m |
Total assets | ฿3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSSC's short term assets (THB2.8B) exceed its short term liabilities (THB543.0M).
Long Term Liabilities: SSSC's short term assets (THB2.8B) exceed its long term liabilities (THB103.4M).
Debt to Equity History and Analysis
Debt Level: SSSC's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: SSSC's debt to equity ratio has reduced from 18.4% to 5.7% over the past 5 years.
Debt Coverage: SSSC's debt is well covered by operating cash flow (257.6%).
Interest Coverage: SSSC's interest payments on its debt are well covered by EBIT (16.4x coverage).