Better World Green Balance Sheet Health
Financial Health criteria checks 4/6
Better World Green has a total shareholder equity of THB5.9B and total debt of THB3.0B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are THB9.6B and THB3.7B respectively. Better World Green's EBIT is THB206.8M making its interest coverage ratio 0.9. It has cash and short-term investments of THB2.2B.
Key information
49.8%
Debt to equity ratio
฿2.95b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ฿2.15b |
| Equity | ฿5.93b |
| Total liabilities | ฿3.68b |
| Total assets | ฿9.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWG-R's short term assets (THB3.1B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: BWG-R's short term assets (THB3.1B) exceed its long term liabilities (THB2.1B).
Debt to Equity History and Analysis
Debt Level: BWG-R's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: BWG-R's debt to equity ratio has reduced from 75.3% to 49.8% over the past 5 years.
Debt Coverage: BWG-R's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: BWG-R's interest payments on its debt are not well covered by EBIT (0.9x coverage).