Ratchthani Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Ratchthani Leasing has a total shareholder equity of THB13.2B and total debt of THB37.9B, which brings its debt-to-equity ratio to 288.1%. Its total assets and total liabilities are THB52.2B and THB39.0B respectively.
Key information
288.1%
Debt to equity ratio
฿37.94b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿1.25b |
| Equity | ฿13.17b |
| Total liabilities | ฿39.01b |
| Total assets | ฿52.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THANI's short term assets (THB51.3B) exceed its short term liabilities (THB18.2B).
Long Term Liabilities: THANI's short term assets (THB51.3B) exceed its long term liabilities (THB20.8B).
Debt to Equity History and Analysis
Debt Level: THANI's net debt to equity ratio (278.6%) is considered high.
Reducing Debt: THANI's debt to equity ratio has reduced from 567% to 288.1% over the past 5 years.
Debt Coverage: THANI's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: Insufficient data to determine if THANI's interest payments on its debt are well covered by EBIT.