Simat Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Simat Technologies has a total shareholder equity of THB1.2B and total debt of THB344.8M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are THB1.8B and THB561.3M respectively. Simat Technologies's EBIT is THB93.2M making its interest coverage ratio 4. It has cash and short-term investments of THB147.1M.
Key information
27.6%
Debt to equity ratio
฿344.82m
Debt
| Interest coverage ratio | 4x |
| Cash | ฿147.08m |
| Equity | ฿1.25b |
| Total liabilities | ฿561.34m |
| Total assets | ฿1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMAT-R's short term assets (THB649.0M) exceed its short term liabilities (THB224.6M).
Long Term Liabilities: SIMAT-R's short term assets (THB649.0M) exceed its long term liabilities (THB336.7M).
Debt to Equity History and Analysis
Debt Level: SIMAT-R's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: SIMAT-R's debt to equity ratio has reduced from 110.2% to 27.6% over the past 5 years.
Debt Coverage: SIMAT-R's debt is well covered by operating cash flow (59.6%).
Interest Coverage: SIMAT-R's interest payments on its debt are well covered by EBIT (4x coverage).