Business Alignment Balance Sheet Health
Financial Health criteria checks 6/6
Business Alignment has a total shareholder equity of THB871.3M and total debt of THB162.1M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are THB1.6B and THB747.7M respectively. Business Alignment's EBIT is THB300.3M making its interest coverage ratio 26.1. It has cash and short-term investments of THB427.1M.
Key information
18.6%
Debt to equity ratio
฿162.07m
Debt
| Interest coverage ratio | 26.1x |
| Cash | ฿427.14m |
| Equity | ฿871.27m |
| Total liabilities | ฿747.69m |
| Total assets | ฿1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIZ's short term assets (THB1.1B) exceed its short term liabilities (THB569.7M).
Long Term Liabilities: BIZ's short term assets (THB1.1B) exceed its long term liabilities (THB178.0M).
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 reduced from 74.9% to 18.6% over the past 5 years.
Debt Coverage: BIZ's debt is well covered by operating cash flow (135.6%).
Interest Coverage: BIZ's interest payments on its debt are well covered by EBIT (26.1x coverage).