Siamese Asset Balance Sheet Health
Financial Health criteria checks 4/6
Siamese Asset has a total shareholder equity of THB6.2B and total debt of THB13.0B, which brings its debt-to-equity ratio to 208.5%. Its total assets and total liabilities are THB22.7B and THB16.5B respectively. Siamese Asset's EBIT is THB541.6M making its interest coverage ratio 3.6. It has cash and short-term investments of THB102.2M.
Key information
208.5%
Debt to equity ratio
฿12.95b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ฿102.20m |
| Equity | ฿6.21b |
| Total liabilities | ฿16.46b |
| Total assets | ฿22.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SA-R's short term assets (THB14.6B) exceed its short term liabilities (THB7.9B).
Long Term Liabilities: SA-R's short term assets (THB14.6B) exceed its long term liabilities (THB8.6B).
Debt to Equity History and Analysis
Debt Level: SA-R's net debt to equity ratio (206.8%) is considered high.
Reducing Debt: SA-R's debt to equity ratio has reduced from 302% to 208.5% over the past 5 years.
Debt Coverage: SA-R's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: SA-R's interest payments on its debt are well covered by EBIT (3.6x coverage).