Siamese Asset Balance Sheet Health
Financial Health criteria checks 3/6
Siamese Asset has a total shareholder equity of THB6.1B and total debt of THB13.2B, which brings its debt-to-equity ratio to 216%. Its total assets and total liabilities are THB22.5B and THB16.4B respectively. Siamese Asset's EBIT is THB344.8M making its interest coverage ratio 2.9. It has cash and short-term investments of THB409.5M.
Key information
216.0%
Debt to equity ratio
฿13.18b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ฿409.48m |
| Equity | ฿6.10b |
| Total liabilities | ฿16.35b |
| Total assets | ฿22.46b |
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 (THB8.3B).
Long Term Liabilities: SA-R's short term assets (THB14.6B) exceed its long term liabilities (THB8.0B).
Debt to Equity History and Analysis
Debt Level: SA-R's net debt to equity ratio (209.3%) is considered high.
Reducing Debt: SA-R's debt to equity ratio has reduced from 327.7% to 216% over the past 5 years.
Debt Coverage: SA-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SA-R's interest payments on its debt are not well covered by EBIT (2.9x coverage).