Bangkok Land Public Company Limited

SET:BLAND Stock Report

Market Cap: ฿10.6b

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 ratio6.8x
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).


Balance Sheet


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