Singer Thailand Balance Sheet Health
Financial Health criteria checks 5/6
Singer Thailand has a total shareholder equity of THB14.0B and total debt of THB3.7B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are THB18.2B and THB4.1B respectively. Singer Thailand's EBIT is THB395.6M making its interest coverage ratio 1.4. It has cash and short-term investments of THB3.6B.
Key information
26.4%
Debt to equity ratio
฿3.69b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ฿3.62b |
| Equity | ฿14.02b |
| Total liabilities | ฿4.14b |
| Total assets | ฿18.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SINGER's short term assets (THB7.9B) exceed its short term liabilities (THB4.0B).
Long Term Liabilities: SINGER's short term assets (THB7.9B) exceed its long term liabilities (THB139.3M).
Debt to Equity History and Analysis
Debt Level: SINGER's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: SINGER's debt to equity ratio has reduced from 95.9% to 26.4% over the past 5 years.
Debt Coverage: SINGER's debt is well covered by operating cash flow (23.8%).
Interest Coverage: SINGER's interest payments on its debt are not well covered by EBIT (1.4x coverage).