Asia Sermkij Leasing Balance Sheet Health
Financial Health criteria checks 2/6
Asia Sermkij Leasing has a total shareholder equity of THB10.7B and total debt of THB64.2B, which brings its debt-to-equity ratio to 602%. Its total assets and total liabilities are THB77.5B and THB66.9B respectively.
Key information
602.0%
Debt to equity ratio
฿64.16b
Debt
Interest coverage ratio | n/a |
Cash | ฿563.87m |
Equity | ฿10.66b |
Total liabilities | ฿66.87b |
Total assets | ฿77.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASK-R's short term assets (THB75.7B) exceed its short term liabilities (THB33.7B).
Long Term Liabilities: ASK-R's short term assets (THB75.7B) exceed its long term liabilities (THB33.1B).
Debt to Equity History and Analysis
Debt Level: ASK-R's net debt to equity ratio (596.7%) is considered high.
Reducing Debt: ASK-R's debt to equity ratio has increased from 590.2% to 602% over the past 5 years.
Debt Coverage: ASK-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ASK-R's interest payments on its debt are well covered by EBIT.