Ratchthani Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Ratchthani Leasing has a total shareholder equity of THB13.0B and total debt of THB41.8B, which brings its debt-to-equity ratio to 320.5%. Its total assets and total liabilities are THB56.0B and THB43.0B respectively.
Key information
320.5%
Debt to equity ratio
฿41.75b
Debt
Interest coverage ratio | n/a |
Cash | ฿4.08b |
Equity | ฿13.03b |
Total liabilities | ฿42.95b |
Total assets | ฿55.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THANI's short term assets (THB55.2B) exceed its short term liabilities (THB18.5B).
Long Term Liabilities: THANI's short term assets (THB55.2B) exceed its long term liabilities (THB24.5B).
Debt to Equity History and Analysis
Debt Level: THANI's net debt to equity ratio (289.1%) is considered high.
Reducing Debt: THANI's debt to equity ratio has reduced from 520% to 320.5% over the past 5 years.
Debt Coverage: THANI's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: Insufficient data to determine if THANI's interest payments on its debt are well covered by EBIT.