STC Concrete Product Balance Sheet Health
Financial Health criteria checks 1/6
STC Concrete Product has a total shareholder equity of THB366.3M and total debt of THB258.7M, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are THB794.0M and THB427.7M respectively. STC Concrete Product's EBIT is THB22.5M making its interest coverage ratio 2.2. It has cash and short-term investments of THB1.1M.
Key information
70.6%
Debt to equity ratio
฿258.73m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿1.10m |
| Equity | ฿366.28m |
| Total liabilities | ฿427.67m |
| Total assets | ฿793.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STC-R's short term assets (THB245.1M) do not cover its short term liabilities (THB326.2M).
Long Term Liabilities: STC-R's short term assets (THB245.1M) exceed its long term liabilities (THB101.4M).
Debt to Equity History and Analysis
Debt Level: STC-R's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: STC-R's debt to equity ratio has increased from 47.3% to 70.6% over the past 5 years.
Debt Coverage: STC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STC-R's interest payments on its debt are not well covered by EBIT (2.2x coverage).