Harn Engineering Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Harn Engineering Solutions has a total shareholder equity of THB1.4B and total debt of THB600.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are THB1.8B and THB433.5M respectively. Harn Engineering Solutions's EBIT is THB125.7M making its interest coverage ratio 38.8. It has cash and short-term investments of THB386.3M.
Key information
0.04%
Debt to equity ratio
฿600.00k
Debt
| Interest coverage ratio | 38.8x |
| Cash | ฿386.29m |
| Equity | ฿1.36b |
| Total liabilities | ฿433.51m |
| Total assets | ฿1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HARN's short term assets (THB1.0B) exceed its short term liabilities (THB268.9M).
Long Term Liabilities: HARN's short term assets (THB1.0B) exceed its long term liabilities (THB164.6M).
Debt to Equity History and Analysis
Debt Level: HARN has more cash than its total debt.
Reducing Debt: HARN's debt to equity ratio has increased from 0% to 0.04% over the past 5 years.
Debt Coverage: HARN's debt is well covered by operating cash flow (28646.9%).
Interest Coverage: HARN's interest payments on its debt are well covered by EBIT (38.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:32 |
| End of Day Share Price | 2024/12/20 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harn Engineering Solutions Public Company Limited is covered by 1 analysts. 0 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 |
|---|---|
| Wilasinee Boonmasungsong | Globlex Securities Co. Ltd. |