Bangchak Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Bangchak has a total shareholder equity of THB100.0B and total debt of THB128.3B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are THB340.4B and THB240.4B respectively. Bangchak's EBIT is THB22.9B making its interest coverage ratio 5.5. It has cash and short-term investments of THB36.8B.
Key information
128.2%
Debt to equity ratio
฿128.27b
Debt
Interest coverage ratio | 5.5x |
Cash | ฿36.80b |
Equity | ฿100.03b |
Total liabilities | ฿240.40b |
Total assets | ฿340.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7BP's short term assets (THB121.9B) exceed its short term liabilities (THB87.9B).
Long Term Liabilities: 7BP's short term assets (THB121.9B) do not cover its long term liabilities (THB152.5B).
Debt to Equity History and Analysis
Debt Level: 7BP's net debt to equity ratio (91.4%) is considered high.
Reducing Debt: 7BP's debt to equity ratio has increased from 101.9% to 128.2% over the past 5 years.
Debt Coverage: 7BP's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 7BP's interest payments on its debt are well covered by EBIT (5.5x coverage).