Ratchthani Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Ratchthani Leasing has a total shareholder equity of THB12.7B and total debt of THB41.7B, which brings its debt-to-equity ratio to 328.9%. Its total assets and total liabilities are THB55.3B and THB42.6B respectively.
Key information
328.9%
Debt to equity ratio
฿41.72b
Debt
Interest coverage ratio | n/a |
Cash | ฿1.43b |
Equity | ฿12.68b |
Total liabilities | ฿42.57b |
Total assets | ฿55.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THANI-R's short term assets (THB54.5B) exceed its short term liabilities (THB17.9B).
Long Term Liabilities: THANI-R's short term assets (THB54.5B) exceed its long term liabilities (THB24.6B).
Debt to Equity History and Analysis
Debt Level: THANI-R's net debt to equity ratio (317.6%) is considered high.
Reducing Debt: THANI-R's debt to equity ratio has reduced from 546% to 328.9% over the past 5 years.
Debt Coverage: THANI-R's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: Insufficient data to determine if THANI-R's interest payments on its debt are well covered by EBIT.