STC Concrete Product Balance Sheet Health
Financial Health criteria checks 1/6
STC Concrete Product has a total shareholder equity of THB372.2M and total debt of THB262.1M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are THB829.5M and THB457.3M respectively. STC Concrete Product's EBIT is THB17.5M making its interest coverage ratio 1.4. It has cash and short-term investments of THB4.9M.
Key information
70.4%
Debt to equity ratio
฿262.14m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿4.88m |
| Equity | ฿372.22m |
| Total liabilities | ฿457.27m |
| Total assets | ฿829.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STC's short term assets (THB251.7M) do not cover its short term liabilities (THB362.2M).
Long Term Liabilities: STC's short term assets (THB251.7M) exceed its long term liabilities (THB95.1M).
Debt to Equity History and Analysis
Debt Level: STC's net debt to equity ratio (69.1%) is considered high.
Reducing Debt: STC's debt to equity ratio has increased from 52.5% to 70.4% over the past 5 years.
Debt Coverage: STC's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: STC's interest payments on its debt are not well covered by EBIT (1.4x coverage).