Siam City Cement Balance Sheet Health
Financial Health criteria checks 4/6
Siam City Cement has a total shareholder equity of THB35.3B and total debt of THB16.4B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are THB67.6B and THB32.4B respectively. Siam City Cement's EBIT is THB4.5B making its interest coverage ratio 4.8. It has cash and short-term investments of THB3.0B.
Key information
46.6%
Debt to equity ratio
฿16.41b
Debt
| Interest coverage ratio | 4.8x |
| Cash | ฿3.02b |
| Equity | ฿35.26b |
| Total liabilities | ฿32.38b |
| Total assets | ฿67.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCCC-F's short term assets (THB12.0B) do not cover its short term liabilities (THB12.5B).
Long Term Liabilities: SCCC-F's short term assets (THB12.0B) do not cover its long term liabilities (THB19.9B).
Debt to Equity History and Analysis
Debt Level: SCCC-F's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: SCCC-F's debt to equity ratio has reduced from 91.2% to 46.6% over the past 5 years.
Debt Coverage: SCCC-F's debt is well covered by operating cash flow (63.9%).
Interest Coverage: SCCC-F's interest payments on its debt are well covered by EBIT (4.8x coverage).