Simat Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Simat Technologies has a total shareholder equity of THB1.2B and total debt of THB359.0M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are THB1.8B and THB579.6M respectively. Simat Technologies's EBIT is THB65.3M making its interest coverage ratio 2.9. It has cash and short-term investments of THB199.0M.
Key information
29.0%
Debt to equity ratio
฿359.01m
Debt
Interest coverage ratio | 2.9x |
Cash | ฿199.03m |
Equity | ฿1.24b |
Total liabilities | ฿579.61m |
Total assets | ฿1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMAT-R's short term assets (THB632.0M) exceed its short term liabilities (THB236.5M).
Long Term Liabilities: SIMAT-R's short term assets (THB632.0M) exceed its long term liabilities (THB343.1M).
Debt to Equity History and Analysis
Debt Level: SIMAT-R's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: SIMAT-R's debt to equity ratio has reduced from 84.4% to 29% over the past 5 years.
Debt Coverage: SIMAT-R's debt is well covered by operating cash flow (52.5%).
Interest Coverage: SIMAT-R's interest payments on its debt are not well covered by EBIT (2.9x coverage).