Sermsang Power Corporation Balance Sheet Health
Financial Health criteria checks 1/6
Sermsang Power has a total shareholder equity of THB7.8B and total debt of THB14.7B, which brings its debt-to-equity ratio to 188.1%. Its total assets and total liabilities are THB24.5B and THB16.7B respectively. Sermsang Power's EBIT is THB1.3B making its interest coverage ratio 1.8. It has cash and short-term investments of THB2.2B.
Key information
188.1%
Debt to equity ratio
฿14.74b
Debt
Interest coverage ratio | 1.8x |
Cash | ฿2.19b |
Equity | ฿7.83b |
Total liabilities | ฿16.68b |
Total assets | ฿24.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSP's short term assets (THB3.7B) do not cover its short term liabilities (THB3.8B).
Long Term Liabilities: SSP's short term assets (THB3.7B) do not cover its long term liabilities (THB12.9B).
Debt to Equity History and Analysis
Debt Level: SSP's net debt to equity ratio (160.2%) is considered high.
Reducing Debt: SSP's debt to equity ratio has reduced from 207.4% to 188.1% over the past 5 years.
Debt Coverage: SSP's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: SSP's interest payments on its debt are not well covered by EBIT (1.8x coverage).