Siam Global House Balance Sheet Health
Financial Health criteria checks 6/6
Siam Global House has a total shareholder equity of THB24.3B and total debt of THB11.2B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are THB40.8B and THB16.4B respectively. Siam Global House's EBIT is THB3.2B making its interest coverage ratio 11.5. It has cash and short-term investments of THB2.0B.
Key information
46.0%
Debt to equity ratio
฿11.20b
Debt
Interest coverage ratio | 11.5x |
Cash | ฿2.02b |
Equity | ฿24.33b |
Total liabilities | ฿16.44b |
Total assets | ฿40.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOBAL-R's short term assets (THB17.3B) exceed its short term liabilities (THB13.8B).
Long Term Liabilities: GLOBAL-R's short term assets (THB17.3B) exceed its long term liabilities (THB2.6B).
Debt to Equity History and Analysis
Debt Level: GLOBAL-R's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: GLOBAL-R's debt to equity ratio has reduced from 74.4% to 46% over the past 5 years.
Debt Coverage: GLOBAL-R's debt is well covered by operating cash flow (31.9%).
Interest Coverage: GLOBAL-R's interest payments on its debt are well covered by EBIT (11.5x coverage).