Siam Cement Balance Sheet Health
Financial Health criteria checks 1/6
Siam Cement has a total shareholder equity of THB458.7B and total debt of THB352.3B, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are THB942.0B and THB483.3B respectively. Siam Cement's EBIT is THB6.2B making its interest coverage ratio 2.1. It has cash and short-term investments of THB85.6B.
Key information
76.8%
Debt to equity ratio
฿352.28b
Debt
Interest coverage ratio | 2.1x |
Cash | ฿85.60b |
Equity | ฿458.74b |
Total liabilities | ฿483.28b |
Total assets | ฿942.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCVU.F's short term assets (THB251.9B) exceed its short term liabilities (THB173.8B).
Long Term Liabilities: SCVU.F's short term assets (THB251.9B) do not cover its long term liabilities (THB309.4B).
Debt to Equity History and Analysis
Debt Level: SCVU.F's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: SCVU.F's debt to equity ratio has increased from 65.9% to 76.8% over the past 5 years.
Debt Coverage: SCVU.F's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: SCVU.F's interest payments on its debt are not well covered by EBIT (2.1x coverage).