Begistics Balance Sheet Health
Financial Health criteria checks 2/6
Begistics has a total shareholder equity of THB4.4B and total debt of THB2.0B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are THB6.8B and THB2.5B respectively. Begistics's EBIT is THB43.7M making its interest coverage ratio 11.8. It has cash and short-term investments of THB8.5M.
Key information
45.0%
Debt to equity ratio
฿1.96b
Debt
Interest coverage ratio | 11.8x |
Cash | ฿8.45m |
Equity | ฿4.36b |
Total liabilities | ฿2.49b |
Total assets | ฿6.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B's short term assets (THB1.4B) exceed its short term liabilities (THB755.5M).
Long Term Liabilities: B's short term assets (THB1.4B) do not cover its long term liabilities (THB1.7B).
Debt to Equity History and Analysis
Debt Level: B's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: B's debt to equity ratio has increased from 0% to 45% over the past 5 years.
Debt Coverage: B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: B's interest payments on its debt are well covered by EBIT (11.8x coverage).