BG Container Glass Balance Sheet Health
Financial Health criteria checks 2/6
BG Container Glass has a total shareholder equity of THB5.3B and total debt of THB10.6B, which brings its debt-to-equity ratio to 199.4%. Its total assets and total liabilities are THB19.1B and THB13.8B respectively. BG Container Glass's EBIT is THB661.0M making its interest coverage ratio 2.1. It has cash and short-term investments of THB100.9M.
Key information
199.4%
Debt to equity ratio
฿10.57b
Debt
Interest coverage ratio | 2.1x |
Cash | ฿100.91m |
Equity | ฿5.30b |
Total liabilities | ฿13.80b |
Total assets | ฿19.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGC-R's short term assets (THB5.1B) do not cover its short term liabilities (THB10.1B).
Long Term Liabilities: BGC-R's short term assets (THB5.1B) exceed its long term liabilities (THB3.7B).
Debt to Equity History and Analysis
Debt Level: BGC-R's net debt to equity ratio (197.5%) is considered high.
Reducing Debt: BGC-R's debt to equity ratio has increased from 139.6% to 199.4% over the past 5 years.
Debt Coverage: BGC-R's debt is well covered by operating cash flow (21.8%).
Interest Coverage: BGC-R's interest payments on its debt are not well covered by EBIT (2.1x coverage).