TMT Steel Balance Sheet Health
Financial Health criteria checks 3/6
TMT Steel has a total shareholder equity of THB3.4B and total debt of THB5.1B, which brings its debt-to-equity ratio to 149.1%. Its total assets and total liabilities are THB9.0B and THB5.6B respectively. TMT Steel's EBIT is THB362.1M making its interest coverage ratio 2.1. It has cash and short-term investments of THB160.1M.
Key information
149.1%
Debt to equity ratio
฿5.08b
Debt
Interest coverage ratio | 2.1x |
Cash | ฿160.10m |
Equity | ฿3.41b |
Total liabilities | ฿5.61b |
Total assets | ฿9.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMT's short term assets (THB5.6B) exceed its short term liabilities (THB4.4B).
Long Term Liabilities: TMT's short term assets (THB5.6B) exceed its long term liabilities (THB1.2B).
Debt to Equity History and Analysis
Debt Level: TMT's net debt to equity ratio (144.4%) is considered high.
Reducing Debt: TMT's debt to equity ratio has reduced from 170.3% to 149.1% over the past 5 years.
Debt Coverage: TMT's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: TMT's interest payments on its debt are not well covered by EBIT (2.1x coverage).