Siam Technic Concrete Balance Sheet Health
Financial Health criteria checks 3/6
Siam Technic Concrete has a total shareholder equity of THB1.5B and total debt of THB1.3B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are THB3.3B and THB1.8B respectively. Siam Technic Concrete's EBIT is THB208.0M making its interest coverage ratio 5.8. It has cash and short-term investments of THB166.0M.
Key information
90.8%
Debt to equity ratio
฿1.32b
Debt
| Interest coverage ratio | 5.8x |
| Cash | ฿166.01m |
| Equity | ฿1.46b |
| Total liabilities | ฿1.83b |
| Total assets | ฿3.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STECH-R's short term assets (THB1.2B) do not cover its short term liabilities (THB1.2B).
Long Term Liabilities: STECH-R's short term assets (THB1.2B) exceed its long term liabilities (THB586.5M).
Debt to Equity History and Analysis
Debt Level: STECH-R's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: STECH-R's debt to equity ratio has reduced from 93.4% to 90.8% over the past 5 years.
Debt Coverage: STECH-R's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: STECH-R's interest payments on its debt are well covered by EBIT (5.8x coverage).