BEC World Balance Sheet Health
Financial Health criteria checks 6/6
BEC World has a total shareholder equity of THB6.2B and total debt of THB2.0B, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are THB9.5B and THB3.3B respectively. BEC World's EBIT is THB364.0M making its interest coverage ratio 4.9. It has cash and short-term investments of THB4.0B.
Key information
32.4%
Debt to equity ratio
฿2.00b
Debt
Interest coverage ratio | 4.9x |
Cash | ฿4.05b |
Equity | ฿6.16b |
Total liabilities | ฿3.34b |
Total assets | ฿9.50b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEC's short term assets (THB4.7B) exceed its short term liabilities (THB813.1M).
Long Term Liabilities: BEC's short term assets (THB4.7B) exceed its long term liabilities (THB2.5B).
Debt to Equity History and Analysis
Debt Level: BEC has more cash than its total debt.
Reducing Debt: BEC's debt to equity ratio has reduced from 55.7% to 32.4% over the past 5 years.
Debt Coverage: BEC's debt is well covered by operating cash flow (98.3%).
Interest Coverage: BEC's interest payments on its debt are well covered by EBIT (4.9x coverage).