Samart Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Samart has a total shareholder equity of THB6.4B and total debt of THB4.1B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are THB16.5B and THB10.2B respectively. Samart's EBIT is THB969.3M making its interest coverage ratio 3.2. It has cash and short-term investments of THB2.1B.
Key information
64.2%
Debt to equity ratio
฿4.08b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ฿2.15b |
| Equity | ฿6.36b |
| Total liabilities | ฿10.18b |
| Total assets | ฿16.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAMART's short term assets (THB8.8B) exceed its short term liabilities (THB7.7B).
Long Term Liabilities: SAMART's short term assets (THB8.8B) exceed its long term liabilities (THB2.5B).
Debt to Equity History and Analysis
Debt Level: SAMART's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: SAMART's debt to equity ratio has reduced from 246.7% to 64.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SAMART has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SAMART is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.4% per year.