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 THB14.8B, which brings its debt-to-equity ratio to 189.2%. 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
189.2%
Debt to equity ratio
฿14.82b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ฿2.24b |
| 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 (160.6%) is considered high.
Reducing Debt: SSP's debt to equity ratio has reduced from 207.4% to 189.2% over the past 5 years.
Debt Coverage: SSP's debt is not well covered by operating cash flow (16%).
Interest Coverage: SSP's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 06:48 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Sermsang Power Corporation Public Company Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thanapol Jiratanakij | CGS International |
| Apichat Poobunjirdkul | Tisco Securities Co. Ltd. |
| Natchapon Praesicharoen | Yuanta Securities (Thailand) Company Limited |