SiS Distribution (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
SiS Distribution (Thailand) has a total shareholder equity of THB3.8B and total debt of THB2.8B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are THB10.2B and THB6.4B respectively. SiS Distribution (Thailand)'s EBIT is THB873.5M making its interest coverage ratio 12. It has cash and short-term investments of THB370.5M.
Key information
74.2%
Debt to equity ratio
฿2.80b
Debt
| Interest coverage ratio | 12x |
| Cash | ฿370.53m |
| Equity | ฿3.77b |
| Total liabilities | ฿6.43b |
| Total assets | ฿10.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIS's short term assets (THB9.2B) exceed its short term liabilities (THB6.2B).
Long Term Liabilities: SIS's short term assets (THB9.2B) exceed its long term liabilities (THB189.3M).
Debt to Equity History and Analysis
Debt Level: SIS's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: SIS's debt to equity ratio has reduced from 80.5% to 74.2% over the past 5 years.
Debt Coverage: SIS's debt is well covered by operating cash flow (62%).
Interest Coverage: SIS's interest payments on its debt are well covered by EBIT (12x coverage).