Ratchthani Leasing Balance Sheet Health
Financial Health criteria checks 4/6
Ratchthani Leasing has a total shareholder equity of THB13.2B and total debt of THB36.6B, which brings its debt-to-equity ratio to 276.4%. Its total assets and total liabilities are THB50.8B and THB37.5B respectively.
Key information
276.4%
Debt to equity ratio
฿36.62b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿1.45b |
| Equity | ฿13.25b |
| Total liabilities | ฿37.50b |
| Total assets | ฿50.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THANI-R's short term assets (THB49.8B) exceed its short term liabilities (THB18.1B).
Long Term Liabilities: THANI-R's short term assets (THB49.8B) exceed its long term liabilities (THB19.4B).
Debt to Equity History and Analysis
Debt Level: THANI-R's net debt to equity ratio (265.4%) is considered high.
Reducing Debt: THANI-R's debt to equity ratio has reduced from 593.5% to 276.4% over the past 5 years.
Debt Coverage: THANI-R's debt is well covered by operating cash flow (21%).
Interest Coverage: Insufficient data to determine if THANI-R's interest payments on its debt are well covered by EBIT.