Bless Asset Group Balance Sheet Health
Financial Health criteria checks 4/6
Bless Asset Group has a total shareholder equity of THB902.7M and total debt of THB1.1B, which brings its debt-to-equity ratio to 125.4%. Its total assets and total liabilities are THB2.2B and THB1.3B respectively. Bless Asset Group's EBIT is THB80.1M making its interest coverage ratio 47.7. It has cash and short-term investments of THB59.7M.
Key information
125.4%
Debt to equity ratio
฿1.13b
Debt
Interest coverage ratio | 47.7x |
Cash | ฿59.74m |
Equity | ฿902.69m |
Total liabilities | ฿1.27b |
Total assets | ฿2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLESS-F's short term assets (THB1.6B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: BLESS-F's short term assets (THB1.6B) exceed its long term liabilities (THB21.3M).
Debt to Equity History and Analysis
Debt Level: BLESS-F's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: Insufficient data to determine if BLESS-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BLESS-F's debt is well covered by operating cash flow (49.3%).
Interest Coverage: BLESS-F's interest payments on its debt are well covered by EBIT (47.7x coverage).