SC Asset Corporation Balance Sheet Health
Financial Health criteria checks 3/6
SC Asset has a total shareholder equity of THB23.3B and total debt of THB33.2B, which brings its debt-to-equity ratio to 142.9%. Its total assets and total liabilities are THB63.9B and THB40.6B respectively. SC Asset's EBIT is THB3.4B making its interest coverage ratio 9.7. It has cash and short-term investments of THB2.0B.
Key information
142.9%
Debt to equity ratio
฿33.22b
Debt
Interest coverage ratio | 9.7x |
Cash | ฿2.04b |
Equity | ฿23.25b |
Total liabilities | ฿40.64b |
Total assets | ฿63.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SC-R's short term assets (THB50.4B) exceed its short term liabilities (THB23.2B).
Long Term Liabilities: SC-R's short term assets (THB50.4B) exceed its long term liabilities (THB17.5B).
Debt to Equity History and Analysis
Debt Level: SC-R's net debt to equity ratio (134.1%) is considered high.
Reducing Debt: SC-R's debt to equity ratio has increased from 122.2% to 142.9% over the past 5 years.
Debt Coverage: SC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SC-R's interest payments on its debt are well covered by EBIT (9.7x coverage).