Simat Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Simat Technologies has a total shareholder equity of THB1.3B and total debt of THB323.9M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are THB1.8B and THB560.9M respectively. Simat Technologies's EBIT is THB94.2M making its interest coverage ratio 4.1. It has cash and short-term investments of THB71.4M.
Key information
25.7%
Debt to equity ratio
฿323.85m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ฿71.37m |
| Equity | ฿1.26b |
| Total liabilities | ฿560.91m |
| Total assets | ฿1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMAT's short term assets (THB675.9M) exceed its short term liabilities (THB250.2M).
Long Term Liabilities: SIMAT's short term assets (THB675.9M) exceed its long term liabilities (THB310.7M).
Debt to Equity History and Analysis
Debt Level: SIMAT's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: SIMAT's debt to equity ratio has reduced from 141.3% to 25.7% over the past 5 years.
Debt Coverage: SIMAT's debt is well covered by operating cash flow (24.5%).
Interest Coverage: SIMAT's interest payments on its debt are well covered by EBIT (4.1x coverage).