Mida Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Mida Leasing has a total shareholder equity of THB2.1B and total debt of THB1.6B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are THB3.9B and THB1.8B respectively.
Key information
76.9%
Debt to equity ratio
฿1.64b
Debt
Interest coverage ratio | n/a |
Cash | ฿33.20m |
Equity | ฿2.13b |
Total liabilities | ฿1.75b |
Total assets | ฿3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ML's short term assets (THB3.3B) exceed its short term liabilities (THB839.7M).
Long Term Liabilities: ML's short term assets (THB3.3B) exceed its long term liabilities (THB915.0M).
Debt to Equity History and Analysis
Debt Level: ML's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: ML's debt to equity ratio has reduced from 99.8% to 76.9% over the past 5 years.
Debt Coverage: ML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ML's interest payments on its debt are well covered by EBIT.