Singha Estate Balance Sheet Health
Financial Health criteria checks 1/6
Singha Estate has a total shareholder equity of THB22.7B and total debt of THB34.8B, which brings its debt-to-equity ratio to 153.4%. Its total assets and total liabilities are THB74.6B and THB51.9B respectively. Singha Estate's EBIT is THB1.7B making its interest coverage ratio 1. It has cash and short-term investments of THB3.0B.
Key information
153.4%
Debt to equity ratio
฿34.84b
Debt
Interest coverage ratio | 1x |
Cash | ฿3.03b |
Equity | ฿22.71b |
Total liabilities | ฿51.89b |
Total assets | ฿74.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S's short term assets (THB16.5B) exceed its short term liabilities (THB10.6B).
Long Term Liabilities: S's short term assets (THB16.5B) do not cover its long term liabilities (THB41.3B).
Debt to Equity History and Analysis
Debt Level: S's net debt to equity ratio (140.1%) is considered high.
Reducing Debt: S's debt to equity ratio has increased from 152.5% to 153.4% over the past 5 years.
Debt Coverage: S's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: S's interest payments on its debt are not well covered by EBIT (1x coverage).