Asia Biomass Balance Sheet Health
Financial Health criteria checks 2/6
Asia Biomass has a total shareholder equity of THB505.3M and total debt of THB731.3M, which brings its debt-to-equity ratio to 144.7%. Its total assets and total liabilities are THB1.4B and THB887.1M respectively.
Key information
144.7%
Debt to equity ratio
฿731.31m
Debt
Interest coverage ratio | n/a |
Cash | ฿30.29m |
Equity | ฿505.32m |
Total liabilities | ฿887.12m |
Total assets | ฿1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABM's short term assets (THB711.2M) do not cover its short term liabilities (THB749.6M).
Long Term Liabilities: ABM's short term assets (THB711.2M) exceed its long term liabilities (THB137.5M).
Debt to Equity History and Analysis
Debt Level: ABM's net debt to equity ratio (138.7%) is considered high.
Reducing Debt: ABM's debt to equity ratio has reduced from 147.5% to 144.7% over the past 5 years.
Debt Coverage: ABM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ABM's interest payments on its debt are well covered by EBIT.