Britania Balance Sheet Health
Financial Health criteria checks 3/6
Britania has a total shareholder equity of THB5.3B and total debt of THB11.3B, which brings its debt-to-equity ratio to 212.1%. Its total assets and total liabilities are THB19.9B and THB14.6B respectively. Britania's EBIT is THB2.0B making its interest coverage ratio 349. It has cash and short-term investments of THB337.4M.
Key information
212.1%
Debt to equity ratio
฿11.34b
Debt
Interest coverage ratio | 349x |
Cash | ฿337.45m |
Equity | ฿5.35b |
Total liabilities | ฿14.56b |
Total assets | ฿19.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRI's short term assets (THB18.2B) exceed its short term liabilities (THB10.2B).
Long Term Liabilities: BRI's short term assets (THB18.2B) exceed its long term liabilities (THB4.4B).
Debt to Equity History and Analysis
Debt Level: BRI's net debt to equity ratio (205.8%) is considered high.
Reducing Debt: Insufficient data to determine if BRI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BRI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BRI's interest payments on its debt are well covered by EBIT (349x coverage).