Asia Sermkij Leasing Public Company Limited

SET:ASK Stock Report

Market Cap: ฿5.6b

Asia Sermkij Leasing Balance Sheet Health

Financial Health criteria checks 3/6

Asia Sermkij Leasing has a total shareholder equity of THB10.3B and total debt of THB62.0B, which brings its debt-to-equity ratio to 599.3%. Its total assets and total liabilities are THB74.8B and THB64.5B respectively.

Key information

599.3%

Debt to equity ratio

฿61.96b

Debt

Interest coverage ration/a
Cash฿541.87m
Equity฿10.34b
Total liabilities฿64.47b
Total assets฿74.81b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ASK's short term assets (THB72.8B) exceed its short term liabilities (THB33.0B).

Long Term Liabilities: ASK's short term assets (THB72.8B) exceed its long term liabilities (THB31.5B).


Debt to Equity History and Analysis

Debt Level: ASK's net debt to equity ratio (594.1%) is considered high.

Reducing Debt: ASK's debt to equity ratio has reduced from 655.5% to 599.3% over the past 5 years.

Debt Coverage: ASK's debt is not well covered by operating cash flow (3.3%).

Interest Coverage: Insufficient data to determine if ASK's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies