Bangkok Airways Balance Sheet Health
Financial Health criteria checks 4/6
Bangkok Airways has a total shareholder equity of THB18.9B and total debt of THB11.1B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are THB59.4B and THB40.5B respectively. Bangkok Airways's EBIT is THB4.1B making its interest coverage ratio 3.9. It has cash and short-term investments of THB13.0B.
Key information
58.7%
Debt to equity ratio
฿11.10b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ฿13.01b |
| Equity | ฿18.93b |
| Total liabilities | ฿40.51b |
| Total assets | ฿59.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BA's short term assets (THB15.2B) exceed its short term liabilities (THB11.1B).
Long Term Liabilities: BA's short term assets (THB15.2B) do not cover its long term liabilities (THB29.4B).
Debt to Equity History and Analysis
Debt Level: BA has more cash than its total debt.
Reducing Debt: BA's debt to equity ratio has increased from 10.4% to 58.7% over the past 5 years.
Debt Coverage: BA's debt is well covered by operating cash flow (55.6%).
Interest Coverage: BA's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:33 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bangkok Airways Public Company Limited is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaseedit Choonnawat | BofA Global Research |
| Suppata Srisuk | Bualuang Securities PCL |
| Kaseedit Choonnawat | Citigroup Inc |