Halcyon Technology Balance Sheet Health
Financial Health criteria checks 6/6
Halcyon Technology has a total shareholder equity of THB1.5B and total debt of THB92.1M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are THB1.9B and THB384.4M respectively. Halcyon Technology's EBIT is THB102.2M making its interest coverage ratio 12.6. It has cash and short-term investments of THB433.7M.
Key information
6.3%
Debt to equity ratio
฿92.06m
Debt
| Interest coverage ratio | 12.6x |
| Cash | ฿433.69m |
| Equity | ฿1.47b |
| Total liabilities | ฿384.44m |
| Total assets | ฿1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTECH-R's short term assets (THB1.1B) exceed its short term liabilities (THB218.5M).
Long Term Liabilities: HTECH-R's short term assets (THB1.1B) exceed its long term liabilities (THB165.9M).
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 21.2% to 6.3% over the past 5 years.
Debt Coverage: HTECH-R's debt is well covered by operating cash flow (235.6%).
Interest Coverage: HTECH-R's interest payments on its debt are well covered by EBIT (12.6x coverage).