Siam City Cement Balance Sheet Health
Financial Health criteria checks 1/6
Siam City Cement has a total shareholder equity of THB34.8B and total debt of THB21.2B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are THB70.2B and THB35.4B respectively. Siam City Cement's EBIT is THB297.5M making its interest coverage ratio 0.3. It has cash and short-term investments of THB2.4B.
Key information
60.9%
Debt to equity ratio
฿21.19b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ฿2.37b |
| Equity | ฿34.79b |
| Total liabilities | ฿35.41b |
| Total assets | ฿70.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SICU.F's short term assets (THB12.8B) do not cover its short term liabilities (THB15.6B).
Long Term Liabilities: SICU.F's short term assets (THB12.8B) do not cover its long term liabilities (THB19.8B).
Debt to Equity History and Analysis
Debt Level: SICU.F's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: SICU.F's debt to equity ratio has reduced from 95.2% to 60.9% over the past 5 years.
Debt Coverage: SICU.F's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: SICU.F's interest payments on its debt are not well covered by EBIT (0.3x coverage).