Halcyon Technology Balance Sheet Health
Financial Health criteria checks 6/6
Halcyon Technology has a total shareholder equity of THB1.4B and total debt of THB104.7M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are THB1.8B and THB372.7M respectively. Halcyon Technology's EBIT is THB78.3M making its interest coverage ratio 8.3. It has cash and short-term investments of THB427.0M.
Key information
7.2%
Debt to equity ratio
฿104.67m
Debt
Interest coverage ratio | 8.3x |
Cash | ฿426.96m |
Equity | ฿1.45b |
Total liabilities | ฿372.71m |
Total assets | ฿1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTECH-R's short term assets (THB1.0B) exceed its short term liabilities (THB196.5M).
Long Term Liabilities: HTECH-R's short term assets (THB1.0B) exceed its long term liabilities (THB176.2M).
Debt to Equity History and Analysis
Debt Level: HTECH-R has more cash than its total debt.
Reducing Debt: HTECH-R's debt to equity ratio has reduced from 21.3% to 7.2% over the past 5 years.
Debt Coverage: HTECH-R's debt is well covered by operating cash flow (211.8%).
Interest Coverage: HTECH-R's interest payments on its debt are well covered by EBIT (8.3x coverage).