Samart Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Samart has a total shareholder equity of THB6.5B and total debt of THB5.8B, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are THB17.7B and THB11.2B respectively. Samart's EBIT is THB677.9M making its interest coverage ratio 1.6. It has cash and short-term investments of THB2.7B.
Key information
88.7%
Debt to equity ratio
฿5.78b
Debt
Interest coverage ratio | 1.6x |
Cash | ฿2.71b |
Equity | ฿6.51b |
Total liabilities | ฿11.15b |
Total assets | ฿17.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAMART-R's short term assets (THB9.4B) exceed its short term liabilities (THB9.1B).
Long Term Liabilities: SAMART-R's short term assets (THB9.4B) exceed its long term liabilities (THB2.0B).
Debt to Equity History and Analysis
Debt Level: SAMART-R's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: SAMART-R's debt to equity ratio has reduced from 234.1% to 88.7% over the past 5 years.
Debt Coverage: SAMART-R's debt is well covered by operating cash flow (50.1%).
Interest Coverage: SAMART-R's interest payments on its debt are not well covered by EBIT (1.6x coverage).