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 THB123.4M making its interest coverage ratio 38.1. It has cash and short-term investments of THB385.9M.
Key information
0.04%
Debt to equity ratio
฿600.00k
Debt
| Interest coverage ratio | 38.1x |
| Cash | ฿385.86m |
| 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 (28646.8%).
Interest Coverage: HARN's interest payments on its debt are well covered by EBIT (38.1x coverage).