Synnex (Thailand) Balance Sheet Health
Financial Health criteria checks 4/6
Synnex (Thailand) has a total shareholder equity of THB4.3B and total debt of THB5.7B, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are THB14.8B and THB10.5B respectively. Synnex (Thailand)'s EBIT is THB627.5M making its interest coverage ratio 3.9. It has cash and short-term investments of THB168.4M.
Key information
133.9%
Debt to equity ratio
฿5.70b
Debt
Interest coverage ratio | 3.9x |
Cash | ฿168.44m |
Equity | ฿4.26b |
Total liabilities | ฿10.54b |
Total assets | ฿14.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYNEX-R's short term assets (THB12.3B) exceed its short term liabilities (THB10.0B).
Long Term Liabilities: SYNEX-R's short term assets (THB12.3B) exceed its long term liabilities (THB517.5M).
Debt to Equity History and Analysis
Debt Level: SYNEX-R's net debt to equity ratio (129.9%) is considered high.
Reducing Debt: SYNEX-R's debt to equity ratio has reduced from 154.1% to 133.9% over the past 5 years.
Debt Coverage: SYNEX-R's debt is not well covered by operating cash flow (11%).
Interest Coverage: SYNEX-R's interest payments on its debt are well covered by EBIT (3.9x coverage).