Micro Leasing Balance Sheet Health
Financial Health criteria checks 2/6
Micro Leasing has a total shareholder equity of THB2.1B and total debt of THB3.1B, which brings its debt-to-equity ratio to 144.1%. Its total assets and total liabilities are THB5.4B and THB3.2B respectively.
Key information
144.1%
Debt to equity ratio
฿3.07b
Debt
Interest coverage ratio | n/a |
Cash | ฿426.17m |
Equity | ฿2.13b |
Total liabilities | ฿3.24b |
Total assets | ฿5.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MICRO's short term assets (THB4.9B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: MICRO's short term assets (THB4.9B) exceed its long term liabilities (THB1.9B).
Debt to Equity History and Analysis
Debt Level: MICRO's net debt to equity ratio (124.1%) is considered high.
Reducing Debt: MICRO's debt to equity ratio has increased from 53.7% to 144.1% over the past 5 years.
Debt Coverage: MICRO's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: Insufficient data to determine if MICRO's interest payments on its debt are well covered by EBIT.