Symphony Communication Balance Sheet Health
Financial Health criteria checks 5/6
Symphony Communication has a total shareholder equity of THB3.0B and total debt of THB634.4M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are THB4.3B and THB1.3B respectively. Symphony Communication's EBIT is THB285.0M making its interest coverage ratio 9. It has cash and short-term investments of THB209.0M.
Key information
21.1%
Debt to equity ratio
฿634.37m
Debt
| Interest coverage ratio | 9x |
| Cash | ฿208.99m |
| Equity | ฿3.01b |
| Total liabilities | ฿1.30b |
| Total assets | ฿4.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYMC-R's short term assets (THB613.5M) do not cover its short term liabilities (THB887.8M).
Long Term Liabilities: SYMC-R's short term assets (THB613.5M) exceed its long term liabilities (THB410.2M).
Debt to Equity History and Analysis
Debt Level: SYMC-R's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: SYMC-R's debt to equity ratio has reduced from 69.3% to 21.1% over the past 5 years.
Debt Coverage: SYMC-R's debt is well covered by operating cash flow (106.4%).
Interest Coverage: SYMC-R's interest payments on its debt are well covered by EBIT (9x coverage).