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 THB352.9M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are THB1.8B and THB565.6M respectively. Simat Technologies's EBIT is THB61.4M making its interest coverage ratio 3.3. It has cash and short-term investments of THB62.9M.
Key information
28.8%
Debt to equity ratio
฿352.92m
Debt
Interest coverage ratio | 3.3x |
Cash | ฿62.90m |
Equity | ฿1.23b |
Total liabilities | ฿565.63m |
Total assets | ฿1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMAT's short term assets (THB590.8M) exceed its short term liabilities (THB209.0M).
Long Term Liabilities: SIMAT's short term assets (THB590.8M) exceed its long term liabilities (THB356.6M).
Debt to Equity History and Analysis
Debt Level: SIMAT's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: SIMAT's debt to equity ratio has reduced from 81.4% to 28.8% over the past 5 years.
Debt Coverage: SIMAT's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: SIMAT's interest payments on its debt are well covered by EBIT (3.3x coverage).