Samart Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Samart has a total shareholder equity of THB6.3B and total debt of THB7.1B, which brings its debt-to-equity ratio to 111.9%. Its total assets and total liabilities are THB19.1B and THB12.8B respectively. Samart's EBIT is THB591.0M making its interest coverage ratio 1.3. It has cash and short-term investments of THB2.5B.
Key information
111.9%
Debt to equity ratio
฿7.07b
Debt
Interest coverage ratio | 1.3x |
Cash | ฿2.46b |
Equity | ฿6.32b |
Total liabilities | ฿12.79b |
Total assets | ฿19.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAMART's short term assets (THB10.7B) exceed its short term liabilities (THB9.1B).
Long Term Liabilities: SAMART's short term assets (THB10.7B) exceed its long term liabilities (THB3.7B).
Debt to Equity History and Analysis
Debt Level: SAMART's net debt to equity ratio (73%) is considered high.
Reducing Debt: SAMART's debt to equity ratio has reduced from 233% to 111.9% over the past 5 years.
Debt Coverage: SAMART's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: SAMART's interest payments on its debt are not well covered by EBIT (1.3x coverage).