Better World Green Balance Sheet Health
Financial Health criteria checks 4/6
Better World Green has a total shareholder equity of THB5.8B and total debt of THB3.5B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are THB10.2B and THB4.3B respectively. Better World Green's EBIT is THB82.7M making its interest coverage ratio 0.4. It has cash and short-term investments of THB2.3B.
Key information
59.5%
Debt to equity ratio
฿3.47b
Debt
Interest coverage ratio | 0.4x |
Cash | ฿2.32b |
Equity | ฿5.83b |
Total liabilities | ฿4.32b |
Total assets | ฿10.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWG-R's short term assets (THB3.3B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: BWG-R's short term assets (THB3.3B) exceed its long term liabilities (THB2.7B).
Debt to Equity History and Analysis
Debt Level: BWG-R's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: BWG-R's debt to equity ratio has reduced from 70.5% to 59.5% over the past 5 years.
Debt Coverage: BWG-R's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: BWG-R's interest payments on its debt are not well covered by EBIT (0.4x coverage).