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 THB450.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are THB1.8B and THB370.8M respectively. Harn Engineering Solutions's EBIT is THB145.1M making its interest coverage ratio 49.7. It has cash and short-term investments of THB392.5M.
Key information
0.03%
Debt to equity ratio
฿450.00k
Debt
Interest coverage ratio | 49.7x |
Cash | ฿392.45m |
Equity | ฿1.38b |
Total liabilities | ฿370.85m |
Total assets | ฿1.75b |
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 (THB239.8M).
Long Term Liabilities: HARN's short term assets (THB1.0B) exceed its long term liabilities (THB131.1M).
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 0.03% over the past 5 years.
Debt Coverage: HARN's debt is well covered by operating cash flow (43912.7%).
Interest Coverage: HARN's interest payments on its debt are well covered by EBIT (49.7x coverage).