Bangchak Sriracha Balance Sheet Health
Financial Health criteria checks 3/6
Bangchak Sriracha has a total shareholder equity of THB28.5B and total debt of THB26.8B, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are THB74.5B and THB46.0B respectively. Bangchak Sriracha's EBIT is THB6.7B making its interest coverage ratio 7.1. It has cash and short-term investments of THB538.1M.
Key information
94.0%
Debt to equity ratio
฿26.79b
Debt
| Interest coverage ratio | 7.1x |
| Cash | ฿538.15m |
| Equity | ฿28.52b |
| Total liabilities | ฿46.00b |
| Total assets | ฿74.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAV's short term assets (THB40.9B) exceed its short term liabilities (THB28.7B).
Long Term Liabilities: JAV's short term assets (THB40.9B) exceed its long term liabilities (THB17.3B).
Debt to Equity History and Analysis
Debt Level: JAV's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: JAV's debt to equity ratio has increased from 65.1% to 94% over the past 5 years.
Debt Coverage: JAV's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: JAV's interest payments on its debt are well covered by EBIT (7.1x coverage).