Singha Estate Balance Sheet Health
Financial Health criteria checks 2/6
Singha Estate has a total shareholder equity of THB21.9B and total debt of THB33.6B, which brings its debt-to-equity ratio to 153.3%. Its total assets and total liabilities are THB71.8B and THB49.9B respectively. Singha Estate's EBIT is THB2.1B making its interest coverage ratio 1.2. It has cash and short-term investments of THB2.3B.
Key information
153.3%
Debt to equity ratio
฿33.59b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ฿2.35b |
| Equity | ฿21.91b |
| Total liabilities | ฿49.89b |
| Total assets | ฿71.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S-R's short term assets (THB15.2B) exceed its short term liabilities (THB12.2B).
Long Term Liabilities: S-R's short term assets (THB15.2B) do not cover its long term liabilities (THB37.7B).
Debt to Equity History and Analysis
Debt Level: S-R's net debt to equity ratio (142.6%) is considered high.
Reducing Debt: S-R's debt to equity ratio has reduced from 160.6% to 153.3% over the past 5 years.
Debt Coverage: S-R's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: S-R's interest payments on its debt are not well covered by EBIT (1.2x coverage).