Bangkok Land Balance Sheet Health
Financial Health criteria checks 4/6
Bangkok Land has a total shareholder equity of THB56.8B 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 THB11.5B respectively. Bangkok Land's EBIT is THB742.8M making its interest coverage ratio 6.8. It has cash and short-term investments of THB3.7B.
Key information
6.8%
Debt to equity ratio
฿3.86b
Debt
| Interest coverage ratio | 6.8x |
| Cash | ฿3.70b |
| Equity | ฿56.77b |
| Total liabilities | ฿11.55b |
| Total assets | ฿68.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLAND's short term assets (THB5.7B) do not cover its short term liabilities (THB6.6B).
Long Term Liabilities: BLAND's short term assets (THB5.7B) exceed its long term liabilities (THB4.9B).
Debt to Equity History and Analysis
Debt Level: BLAND's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: BLAND's debt to equity ratio has reduced from 7.1% to 6.8% over the past 5 years.
Debt Coverage: BLAND's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: BLAND's interest payments on its debt are well covered by EBIT (6.8x coverage).