Bangkok Sheet Metal Balance Sheet Health
Financial Health criteria checks 5/6
Bangkok Sheet Metal has a total shareholder equity of THB928.0M and total debt of THB279.8M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are THB1.6B and THB709.2M respectively. Bangkok Sheet Metal's EBIT is THB69.6M making its interest coverage ratio 8.8. It has cash and short-term investments of THB28.6M.
Key information
30.1%
Debt to equity ratio
฿279.77m
Debt
Interest coverage ratio | 8.8x |
Cash | ฿28.65m |
Equity | ฿927.97m |
Total liabilities | ฿709.22m |
Total assets | ฿1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BM's short term assets (THB619.5M) exceed its short term liabilities (THB499.0M).
Long Term Liabilities: BM's short term assets (THB619.5M) exceed its long term liabilities (THB210.2M).
Debt to Equity History and Analysis
Debt Level: BM's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: BM's debt to equity ratio has increased from 23.4% to 30.1% over the past 5 years.
Debt Coverage: BM's debt is well covered by operating cash flow (28.3%).
Interest Coverage: BM's interest payments on its debt are well covered by EBIT (8.8x coverage).