STC Concrete Product Balance Sheet Health
Financial Health criteria checks 1/6
STC Concrete Product has a total shareholder equity of THB365.8M and total debt of THB263.9M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are THB795.5M and THB429.7M respectively. STC Concrete Product's EBIT is THB11.7M making its interest coverage ratio 1. It has cash and short-term investments of THB2.6M.
Key information
72.1%
Debt to equity ratio
฿263.85m
Debt
| Interest coverage ratio | 1x |
| Cash | ฿2.60m |
| Equity | ฿365.77m |
| Total liabilities | ฿429.74m |
| Total assets | ฿795.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STC's short term assets (THB233.3M) do not cover its short term liabilities (THB340.0M).
Long Term Liabilities: STC's short term assets (THB233.3M) exceed its long term liabilities (THB89.7M).
Debt to Equity History and Analysis
Debt Level: STC's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: STC's debt to equity ratio has increased from 52.3% to 72.1% over the past 5 years.
Debt Coverage: STC's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: STC's interest payments on its debt are not well covered by EBIT (1x coverage).