Eastern Commercial Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Eastern Commercial Leasing has a total shareholder equity of THB1.9B and total debt of THB2.9B, which brings its debt-to-equity ratio to 155.3%. Its total assets and total liabilities are THB5.0B and THB3.1B respectively.
Key information
155.3%
Debt to equity ratio
฿2.94b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿31.06m |
| Equity | ฿1.89b |
| Total liabilities | ฿3.09b |
| Total assets | ฿4.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECL's short term assets (THB4.8B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: ECL's short term assets (THB4.8B) exceed its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: ECL's net debt to equity ratio (153.7%) is considered high.
Reducing Debt: ECL's debt to equity ratio has reduced from 256.1% to 155.3% over the past 5 years.
Debt Coverage: ECL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ECL's interest payments on its debt are well covered by EBIT.