Bangkok Land Balance Sheet Health
Financial Health criteria checks 5/6
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 THB68.0B and THB11.4B respectively. Bangkok Land's EBIT is THB792.3M making its interest coverage ratio 7.1. It has cash and short-term investments of THB1.9B.
Key information
6.8%
Debt to equity ratio
฿3.85b
Debt
| Interest coverage ratio | 7.1x |
| Cash | ฿1.87b |
| Equity | ฿56.59b |
| Total liabilities | ฿11.42b |
| Total assets | ฿68.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLAND-R's short term assets (THB5.2B) exceed its short term liabilities (THB2.6B).
Long Term Liabilities: BLAND-R's short term assets (THB5.2B) do not cover its long term liabilities (THB8.8B).
Debt to Equity History and Analysis
Debt Level: BLAND-R's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: BLAND-R's debt to equity ratio has reduced from 7.3% to 6.8% over the past 5 years.
Debt Coverage: BLAND-R's debt is well covered by operating cash flow (34.1%).
Interest Coverage: BLAND-R's interest payments on its debt are well covered by EBIT (7.1x coverage).