Singha Estate Balance Sheet Health
Financial Health criteria checks 2/6
Singha Estate has a total shareholder equity of THB23.7B and total debt of THB34.5B, which brings its debt-to-equity ratio to 145.9%. Its total assets and total liabilities are THB75.2B and THB51.5B respectively. Singha Estate's EBIT is THB2.0B making its interest coverage ratio 1.1. It has cash and short-term investments of THB2.6B.
Key information
145.9%
Debt to equity ratio
฿34.53b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ฿2.62b |
| Equity | ฿23.67b |
| Total liabilities | ฿51.51b |
| Total assets | ฿75.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S's short term assets (THB15.6B) exceed its short term liabilities (THB13.2B).
Long Term Liabilities: S's short term assets (THB15.6B) do not cover its long term liabilities (THB38.4B).
Debt to Equity History and Analysis
Debt Level: S's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: S's debt to equity ratio has reduced from 149.8% to 145.9% 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 (1.1x coverage).