Heng Leasing and Capital Balance Sheet Health
Financial Health criteria checks 2/6
Heng Leasing and Capital has a total shareholder equity of THB5.2B and total debt of THB8.4B, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are THB13.9B and THB8.7B respectively.
Key information
161.8%
Debt to equity ratio
฿8.38b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿116.74m |
| Equity | ฿5.18b |
| Total liabilities | ฿8.74b |
| Total assets | ฿13.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HENG's short term assets (THB13.3B) exceed its short term liabilities (THB3.8B).
Long Term Liabilities: HENG's short term assets (THB13.3B) exceed its long term liabilities (THB5.0B).
Debt to Equity History and Analysis
Debt Level: HENG's net debt to equity ratio (159.5%) is considered high.
Reducing Debt: HENG's debt to equity ratio has increased from 144% to 161.8% over the past 5 years.
Debt Coverage: HENG's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: Insufficient data to determine if HENG's interest payments on its debt are well covered by EBIT.