Symphony Communication Balance Sheet Health
Financial Health criteria checks 6/6
Symphony Communication has a total shareholder equity of THB2.9B and total debt of THB738.3M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are THB4.2B and THB1.3B respectively. Symphony Communication's EBIT is THB350.5M making its interest coverage ratio 9.4. It has cash and short-term investments of THB400.0M.
Key information
25.4%
Debt to equity ratio
฿738.28m
Debt
Interest coverage ratio | 9.4x |
Cash | ฿400.00m |
Equity | ฿2.91b |
Total liabilities | ฿1.34b |
Total assets | ฿4.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYMC-R's short term assets (THB768.9M) exceed its short term liabilities (THB737.5M).
Long Term Liabilities: SYMC-R's short term assets (THB768.9M) exceed its long term liabilities (THB598.8M).
Debt to Equity History and Analysis
Debt Level: SYMC-R's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: SYMC-R's debt to equity ratio has reduced from 80.3% to 25.4% over the past 5 years.
Debt Coverage: SYMC-R's debt is well covered by operating cash flow (101.2%).
Interest Coverage: SYMC-R's interest payments on its debt are well covered by EBIT (9.4x coverage).