Asia Sermkij Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Asia Sermkij Leasing has a total shareholder equity of THB9.6B and total debt of THB48.0B, which brings its debt-to-equity ratio to 498.5%. Its total assets and total liabilities are THB60.3B and THB50.7B respectively.
Key information
498.5%
Debt to equity ratio
฿48.04b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿460.96m |
| Equity | ฿9.64b |
| Total liabilities | ฿50.68b |
| Total assets | ฿60.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASK-F's short term assets (THB59.2B) exceed its short term liabilities (THB21.9B).
Long Term Liabilities: ASK-F's short term assets (THB59.2B) exceed its long term liabilities (THB28.8B).
Debt to Equity History and Analysis
Debt Level: ASK-F's net debt to equity ratio (493.8%) is considered high.
Reducing Debt: ASK-F's debt to equity ratio has reduced from 562% to 498.5% over the past 5 years.
Debt Coverage: ASK-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ASK-F's interest payments on its debt are well covered by EBIT.