Heng Leasing and Capital Balance Sheet Health
Financial Health criteria checks 2/6
Heng Leasing and Capital has a total shareholder equity of THB5.4B and total debt of THB9.8B, which brings its debt-to-equity ratio to 180.3%. Its total assets and total liabilities are THB15.7B and THB10.3B respectively.
Key information
180.3%
Debt to equity ratio
฿9.76b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿480.15m |
| Equity | ฿5.42b |
| Total liabilities | ฿10.26b |
| Total assets | ฿15.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HENG's short term assets (THB15.1B) exceed its short term liabilities (THB4.5B).
Long Term Liabilities: HENG's short term assets (THB15.1B) exceed its long term liabilities (THB5.7B).
Debt to Equity History and Analysis
Debt Level: HENG's net debt to equity ratio (171.4%) is considered high.
Reducing Debt: HENG's debt to equity ratio has increased from 172.6% to 180.3% over the past 5 years.
Debt Coverage: HENG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HENG's interest payments on its debt are well covered by EBIT.