Bangchak Sriracha Balance Sheet Health
Financial Health criteria checks 3/6
Bangchak Sriracha has a total shareholder equity of THB29.4B and total debt of THB31.4B, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are THB80.5B and THB51.1B respectively. Bangchak Sriracha's EBIT is THB4.6B making its interest coverage ratio 5.6. It has cash and short-term investments of THB1.4B.
Key information
106.8%
Debt to equity ratio
฿31.36b
Debt
Interest coverage ratio | 5.6x |
Cash | ฿1.37b |
Equity | ฿29.37b |
Total liabilities | ฿51.12b |
Total assets | ฿80.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSRC's short term assets (THB46.3B) exceed its short term liabilities (THB32.7B).
Long Term Liabilities: BSRC's short term assets (THB46.3B) exceed its long term liabilities (THB18.4B).
Debt to Equity History and Analysis
Debt Level: BSRC's net debt to equity ratio (102.1%) is considered high.
Reducing Debt: BSRC's debt to equity ratio has increased from 53.8% to 106.8% over the past 5 years.
Debt Coverage: BSRC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BSRC's interest payments on its debt are well covered by EBIT (5.6x coverage).