Siam Global House Balance Sheet Health
Financial Health criteria checks 6/6
Siam Global House has a total shareholder equity of THB24.2B and total debt of THB10.7B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are THB39.6B and THB15.3B respectively. Siam Global House's EBIT is THB3.3B making its interest coverage ratio 11.5. It has cash and short-term investments of THB1.2B.
Key information
44.1%
Debt to equity ratio
฿10.70b
Debt
| Interest coverage ratio | 11.5x |
| Cash | ฿1.17b |
| Equity | ฿24.23b |
| Total liabilities | ฿15.32b |
| Total assets | ฿39.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOBAL-R's short term assets (THB15.9B) exceed its short term liabilities (THB12.9B).
Long Term Liabilities: GLOBAL-R's short term assets (THB15.9B) exceed its long term liabilities (THB2.4B).
Debt to Equity History and Analysis
Debt Level: GLOBAL-R's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: GLOBAL-R's debt to equity ratio has reduced from 84.5% to 44.1% over the past 5 years.
Debt Coverage: GLOBAL-R's debt is well covered by operating cash flow (27.6%).
Interest Coverage: GLOBAL-R's interest payments on its debt are well covered by EBIT (11.5x coverage).