BG Container Glass Balance Sheet Health
Financial Health criteria checks 1/6
BG Container Glass has a total shareholder equity of THB5.2B and total debt of THB10.7B, which brings its debt-to-equity ratio to 206%. Its total assets and total liabilities are THB19.1B and THB13.9B respectively. BG Container Glass's EBIT is THB578.6M making its interest coverage ratio 2. It has cash and short-term investments of THB127.3M.
Key information
206.0%
Debt to equity ratio
฿10.73b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿127.28m |
| Equity | ฿5.21b |
| Total liabilities | ฿13.93b |
| Total assets | ฿19.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGC's short term assets (THB5.2B) do not cover its short term liabilities (THB10.5B).
Long Term Liabilities: BGC's short term assets (THB5.2B) exceed its long term liabilities (THB3.5B).
Debt to Equity History and Analysis
Debt Level: BGC's net debt to equity ratio (203.6%) is considered high.
Reducing Debt: BGC's debt to equity ratio has increased from 154.8% to 206% over the past 5 years.
Debt Coverage: BGC's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: BGC's interest payments on its debt are not well covered by EBIT (2x coverage).