Sub Sri Thai Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
Sub Sri Thai Real Estate Investment Trust has a total shareholder equity of THB1.5B and total debt of THB129.6M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are THB1.7B and THB179.4M respectively. Sub Sri Thai Real Estate Investment Trust's EBIT is THB122.9M making its interest coverage ratio 14.8. It has cash and short-term investments of THB11.5M.
Key information
8.6%
Debt to equity ratio
฿129.64m
Debt
| Interest coverage ratio | 14.8x |
| Cash | ฿11.54m |
| Equity | ฿1.52b |
| Total liabilities | ฿179.44m |
| Total assets | ฿1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSTRT's short term assets (THB100.7M) exceed its short term liabilities (THB41.3M).
Long Term Liabilities: SSTRT's short term assets (THB100.7M) do not cover its long term liabilities (THB138.2M).
Debt to Equity History and Analysis
Debt Level: SSTRT's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: SSTRT's debt to equity ratio has reduced from 38.2% to 8.6% over the past 5 years.
Debt Coverage: SSTRT's debt is well covered by operating cash flow (94.6%).
Interest Coverage: SSTRT's interest payments on its debt are well covered by EBIT (14.8x coverage).