Bangkok Land Balance Sheet Health
Financial Health criteria checks 4/6
Bangkok Land has a total shareholder equity of THB56.6B and total debt of THB3.9B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are THB68.3B and THB11.7B respectively. Bangkok Land's EBIT is THB525.9M making its interest coverage ratio 4.9. It has cash and short-term investments of THB3.7B.
Key information
6.8%
Debt to equity ratio
฿3.86b
Debt
Interest coverage ratio | 4.9x |
Cash | ฿3.68b |
Equity | ฿56.57b |
Total liabilities | ฿11.68b |
Total assets | ฿68.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLAND-R's short term assets (THB5.6B) do not cover its short term liabilities (THB6.8B).
Long Term Liabilities: BLAND-R's short term assets (THB5.6B) exceed its long term liabilities (THB4.9B).
Debt to Equity History and Analysis
Debt Level: BLAND-R's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: BLAND-R's debt to equity ratio has reduced from 7.1% to 6.8% over the past 5 years.
Debt Coverage: BLAND-R's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: BLAND-R's interest payments on its debt are well covered by EBIT (4.9x coverage).