Begistics Balance Sheet Health
Financial Health criteria checks 2/6
Begistics has a total shareholder equity of THB4.4B and total debt of THB1.8B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are THB6.7B and THB2.3B respectively. Begistics's EBIT is THB60.6M making its interest coverage ratio -11.8. It has cash and short-term investments of THB60.6M.
Key information
41.5%
Debt to equity ratio
฿1.82b
Debt
| Interest coverage ratio | -11.8x |
| Cash | ฿60.57m |
| Equity | ฿4.39b |
| Total liabilities | ฿2.31b |
| Total assets | ฿6.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B-R's short term assets (THB1.5B) exceed its short term liabilities (THB611.9M).
Long Term Liabilities: B-R's short term assets (THB1.5B) do not cover its long term liabilities (THB1.7B).
Debt to Equity History and Analysis
Debt Level: B-R's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: B-R's debt to equity ratio has increased from 0% to 41.5% over the past 5 years.
Debt Coverage: B-R's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: B-R earns more interest than it pays, so coverage of interest payments is not a concern.