SC Asset Corporation Balance Sheet Health
Financial Health criteria checks 3/6
SC Asset has a total shareholder equity of THB23.4B and total debt of THB37.0B, which brings its debt-to-equity ratio to 158.1%. Its total assets and total liabilities are THB68.3B and THB44.8B respectively. SC Asset's EBIT is THB2.7B making its interest coverage ratio 7.8. It has cash and short-term investments of THB2.0B.
Key information
158.1%
Debt to equity ratio
฿37.05b
Debt
Interest coverage ratio | 7.8x |
Cash | ฿2.03b |
Equity | ฿23.42b |
Total liabilities | ฿44.84b |
Total assets | ฿68.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SC's short term assets (THB54.4B) exceed its short term liabilities (THB26.0B).
Long Term Liabilities: SC's short term assets (THB54.4B) exceed its long term liabilities (THB18.8B).
Debt to Equity History and Analysis
Debt Level: SC's net debt to equity ratio (149.5%) is considered high.
Reducing Debt: SC's debt to equity ratio has increased from 146.2% to 158.1% over the past 5 years.
Debt Coverage: SC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SC's interest payments on its debt are well covered by EBIT (7.8x coverage).