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 THB71.1M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are THB1.8B and THB329.6M respectively. Halcyon Technology's EBIT is THB128.7M making its interest coverage ratio 17.6. It has cash and short-term investments of THB403.2M.
Key information
5.0%
Debt to equity ratio
฿71.07m
Debt
| Interest coverage ratio | 17.6x |
| Cash | ฿403.16m |
| Equity | ฿1.43b |
| Total liabilities | ฿329.58m |
| Total assets | ฿1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTECH's short term assets (THB1.0B) exceed its short term liabilities (THB185.6M).
Long Term Liabilities: HTECH's short term assets (THB1.0B) exceed its long term liabilities (THB144.0M).
Debt to Equity History and Analysis
Debt Level: HTECH has more cash than its total debt.
Reducing Debt: HTECH's debt to equity ratio has reduced from 21.2% to 5% over the past 5 years.
Debt Coverage: HTECH's debt is well covered by operating cash flow (299.4%).
Interest Coverage: HTECH's interest payments on its debt are well covered by EBIT (17.6x coverage).