Better World Green Balance Sheet Health
Financial Health criteria checks 3/6
Better World Green has a total shareholder equity of THB5.6B and total debt of THB3.5B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are THB9.9B and THB4.3B respectively. Better World Green's EBIT is THB23.1M making its interest coverage ratio 0.1. It has cash and short-term investments of THB1.9B.
Key information
62.0%
Debt to equity ratio
฿3.47b
Debt
| Interest coverage ratio | 0.1x |
| Cash | ฿1.94b |
| Equity | ฿5.60b |
| Total liabilities | ฿4.34b |
| Total assets | ฿9.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWG's short term assets (THB2.9B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: BWG's short term assets (THB2.9B) exceed its long term liabilities (THB2.8B).
Debt to Equity History and Analysis
Debt Level: BWG's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: BWG's debt to equity ratio has increased from 58% to 62% over the past 5 years.
Debt Coverage: BWG's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: BWG's interest payments on its debt are not well covered by EBIT (0.1x coverage).