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 ratio | n/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.