Hydrogen Freehold and Leasehold Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Hydrogen Freehold and Leasehold Real Estate Investment Trust has a total shareholder equity of THB1.8B and total debt of THB853.2M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are THB2.7B and THB906.1M respectively. Hydrogen Freehold and Leasehold Real Estate Investment Trust's EBIT is THB177.8M making its interest coverage ratio 4. It has cash and short-term investments of THB101.7M.
Key information
47.2%
Debt to equity ratio
฿853.25m
Debt
| Interest coverage ratio | 4x |
| Cash | ฿101.67m |
| Equity | ฿1.81b |
| Total liabilities | ฿906.12m |
| Total assets | ฿2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYDROGEN's short term assets (THB104.4M) exceed its short term liabilities (THB4.7M).
Long Term Liabilities: HYDROGEN's short term assets (THB104.4M) do not cover its long term liabilities (THB901.5M).
Debt to Equity History and Analysis
Debt Level: HYDROGEN's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: Insufficient data to determine if HYDROGEN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HYDROGEN's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: HYDROGEN's interest payments on its debt are well covered by EBIT (4x coverage).