Sahakol Equipment Balance Sheet Health
Financial Health criteria checks 2/6
Sahakol Equipment has a total shareholder equity of THB2.9B and total debt of THB4.7B, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are THB8.8B and THB5.9B respectively. Sahakol Equipment's EBIT is THB398.2M making its interest coverage ratio 1.7. It has cash and short-term investments of THB211.9M.
Key information
161.8%
Debt to equity ratio
฿4.74b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ฿211.87m |
| Equity | ฿2.93b |
| Total liabilities | ฿5.85b |
| Total assets | ฿8.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ-F's short term assets (THB1.8B) do not cover its short term liabilities (THB3.0B).
Long Term Liabilities: SQ-F's short term assets (THB1.8B) do not cover its long term liabilities (THB2.8B).
Debt to Equity History and Analysis
Debt Level: SQ-F's net debt to equity ratio (154.6%) is considered high.
Reducing Debt: SQ-F's debt to equity ratio has reduced from 235.7% to 161.8% over the past 5 years.
Debt Coverage: SQ-F's debt is well covered by operating cash flow (26.3%).
Interest Coverage: SQ-F's interest payments on its debt are not well covered by EBIT (1.7x coverage).