Siam Technic Concrete Balance Sheet Health
Financial Health criteria checks 3/6
Siam Technic Concrete has a total shareholder equity of THB1.4B and total debt of THB1.1B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are THB3.1B and THB1.7B respectively. Siam Technic Concrete's EBIT is THB205.3M making its interest coverage ratio 6.9. It has cash and short-term investments of THB80.6M.
Key information
80.1%
Debt to equity ratio
฿1.14b
Debt
Interest coverage ratio | 6.9x |
Cash | ฿80.64m |
Equity | ฿1.43b |
Total liabilities | ฿1.67b |
Total assets | ฿3.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STECH's short term assets (THB1.0B) do not cover its short term liabilities (THB1.4B).
Long Term Liabilities: STECH's short term assets (THB1.0B) exceed its long term liabilities (THB292.0M).
Debt to Equity History and Analysis
Debt Level: STECH's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: STECH's debt to equity ratio has reduced from 91.4% to 80.1% over the past 5 years.
Debt Coverage: STECH's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: STECH's interest payments on its debt are well covered by EBIT (6.9x coverage).