Sonic Interfreight Balance Sheet Health
Financial Health criteria checks 6/6
Sonic Interfreight has a total shareholder equity of THB1.5B and total debt of THB150.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are THB1.8B and THB337.0M respectively. Sonic Interfreight's EBIT is THB140.4M making its interest coverage ratio -7.5. It has cash and short-term investments of THB626.3M.
Key information
10.2%
Debt to equity ratio
฿150.41m
Debt
Interest coverage ratio | -7.5x |
Cash | ฿626.26m |
Equity | ฿1.48b |
Total liabilities | ฿337.03m |
Total assets | ฿1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONIC-R's short term assets (THB969.3M) exceed its short term liabilities (THB208.2M).
Long Term Liabilities: SONIC-R's short term assets (THB969.3M) exceed its long term liabilities (THB128.9M).
Debt to Equity History and Analysis
Debt Level: SONIC-R has more cash than its total debt.
Reducing Debt: SONIC-R's debt to equity ratio has reduced from 12.4% to 10.2% over the past 5 years.
Debt Coverage: SONIC-R's debt is well covered by operating cash flow (77.3%).
Interest Coverage: SONIC-R earns more interest than it pays, so coverage of interest payments is not a concern.