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 THB10.9B, which brings its debt-to-equity ratio to 210.3%. Its total assets and total liabilities are THB19.1B and THB13.9B respectively. BG Container Glass's EBIT is THB645.7M making its interest coverage ratio 1.9. It has cash and short-term investments of THB135.4M.
Key information
210.3%
Debt to equity ratio
฿10.92b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ฿135.43m |
| Equity | ฿5.19b |
| Total liabilities | ฿13.89b |
| Total assets | ฿19.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGC-R's short term assets (THB5.4B) do not cover its short term liabilities (THB11.6B).
Long Term Liabilities: BGC-R's short term assets (THB5.4B) exceed its long term liabilities (THB2.3B).
Debt to Equity History and Analysis
Debt Level: BGC-R's net debt to equity ratio (207.7%) is considered high.
Reducing Debt: BGC-R's debt to equity ratio has increased from 142.1% to 210.3% over the past 5 years.
Debt Coverage: BGC-R's debt is well covered by operating cash flow (20.8%).
Interest Coverage: BGC-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).