Siam Technic Concrete Balance Sheet Health
Financial Health criteria checks 2/6
Siam Technic Concrete has a total shareholder equity of THB1.5B and total debt of THB1.5B, which brings its debt-to-equity ratio to 99.5%. Its total assets and total liabilities are THB3.4B and THB1.9B respectively. Siam Technic Concrete's EBIT is THB219.3M making its interest coverage ratio 4.7. It has cash and short-term investments of THB105.0M.
Key information
99.5%
Debt to equity ratio
฿1.48b
Debt
| Interest coverage ratio | 4.7x |
| Cash | ฿105.03m |
| Equity | ฿1.49b |
| Total liabilities | ฿1.89b |
| Total assets | ฿3.38b |
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 (THB1.3B).
Long Term Liabilities: STECH-R's short term assets (THB1.2B) exceed its long term liabilities (THB603.5M).
Debt to Equity History and Analysis
Debt Level: STECH-R's net debt to equity ratio (92.4%) is considered high.
Reducing Debt: STECH-R's debt to equity ratio has increased from 95.5% to 99.5% over the past 5 years.
Debt Coverage: STECH-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STECH-R's interest payments on its debt are well covered by EBIT (4.7x coverage).