Business Alignment Balance Sheet Health
Financial Health criteria checks 5/6
Business Alignment has a total shareholder equity of THB902.2M and total debt of THB109.9M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are THB1.5B and THB575.3M respectively. Business Alignment's EBIT is THB259.8M making its interest coverage ratio 22. It has cash and short-term investments of THB662.3M.
Key information
12.2%
Debt to equity ratio
฿109.95m
Debt
| Interest coverage ratio | 22x |
| Cash | ฿662.34m |
| Equity | ฿902.24m |
| Total liabilities | ฿575.30m |
| Total assets | ฿1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIZ's short term assets (THB1.0B) exceed its short term liabilities (THB360.9M).
Long Term Liabilities: BIZ's short term assets (THB1.0B) exceed its long term liabilities (THB214.4M).
Debt to Equity History and Analysis
Debt Level: BIZ has more cash than its total debt.
Reducing Debt: BIZ's debt to equity ratio has increased from 0% to 12.2% over the past 5 years.
Debt Coverage: BIZ's debt is well covered by operating cash flow (588.6%).
Interest Coverage: BIZ's interest payments on its debt are well covered by EBIT (22x coverage).