BG Container Glass Balance Sheet Health
Financial Health criteria checks 2/6
BG Container Glass has a total shareholder equity of THB5.2B and total debt of THB10.5B, which brings its debt-to-equity ratio to 201.3%. Its total assets and total liabilities are THB18.8B and THB13.6B respectively. BG Container Glass's EBIT is THB666.1M making its interest coverage ratio 2. It has cash and short-term investments of THB67.5M.
Key information
201.3%
Debt to equity ratio
฿10.53b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿67.49m |
| Equity | ฿5.23b |
| Total liabilities | ฿13.60b |
| Total assets | ฿18.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGC-R's short term assets (THB5.0B) do not cover its short term liabilities (THB10.2B).
Long Term Liabilities: BGC-R's short term assets (THB5.0B) exceed its long term liabilities (THB3.4B).
Debt to Equity History and Analysis
Debt Level: BGC-R's net debt to equity ratio (200%) is considered high.
Reducing Debt: BGC-R's debt to equity ratio has increased from 137.1% to 201.3% over the past 5 years.
Debt Coverage: BGC-R's debt is well covered by operating cash flow (22.5%).
Interest Coverage: BGC-R's interest payments on its debt are not well covered by EBIT (2x coverage).