Star Money Balance Sheet Health
Financial Health criteria checks 1/6
Star Money has a total shareholder equity of THB1.1B and total debt of THB1.6B, which brings its debt-to-equity ratio to 141.5%. Its total assets and total liabilities are THB3.0B and THB1.8B respectively. Star Money's EBIT is THB155.4M making its interest coverage ratio 2. It has cash and short-term investments of THB39.5M.
Key information
141.5%
Debt to equity ratio
฿1.60b
Debt
Interest coverage ratio | 2x |
Cash | ฿39.51m |
Equity | ฿1.13b |
Total liabilities | ฿1.83b |
Total assets | ฿2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SM's short term assets (THB1.2B) do not cover its short term liabilities (THB1.5B).
Long Term Liabilities: SM's short term assets (THB1.2B) exceed its long term liabilities (THB322.5M).
Debt to Equity History and Analysis
Debt Level: SM's net debt to equity ratio (138%) is considered high.
Reducing Debt: Insufficient data to determine if SM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SM's interest payments on its debt are not well covered by EBIT (2x coverage).