SC Asset Corporation Balance Sheet Health
Financial Health criteria checks 3/6
SC Asset has a total shareholder equity of THB23.5B and total debt of THB36.9B, which brings its debt-to-equity ratio to 157.2%. Its total assets and total liabilities are THB67.8B and THB44.3B respectively. SC Asset's EBIT is THB2.7B making its interest coverage ratio 7.5. It has cash and short-term investments of THB2.2B.
Key information
157.2%
Debt to equity ratio
฿36.92b
Debt
Interest coverage ratio | 7.5x |
Cash | ฿2.18b |
Equity | ฿23.49b |
Total liabilities | ฿44.33b |
Total assets | ฿67.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SC's short term assets (THB54.2B) exceed its short term liabilities (THB22.1B).
Long Term Liabilities: SC's short term assets (THB54.2B) exceed its long term liabilities (THB22.2B).
Debt to Equity History and Analysis
Debt Level: SC's net debt to equity ratio (147.9%) is considered high.
Reducing Debt: SC's debt to equity ratio has increased from 147.2% to 157.2% 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 (7.5x coverage).