Bangkok Aviation Fuel Services Balance Sheet Health
Financial Health criteria checks 0/6
Bangkok Aviation Fuel Services has a total shareholder equity of THB6.7B and total debt of THB11.6B, which brings its debt-to-equity ratio to 173.4%. Its total assets and total liabilities are THB22.7B and THB16.0B respectively. Bangkok Aviation Fuel Services's EBIT is THB417.6M making its interest coverage ratio 0.8. It has cash and short-term investments of THB617.1M.
Key information
173.4%
Debt to equity ratio
฿11.62b
Debt
Interest coverage ratio | 0.8x |
Cash | ฿617.13m |
Equity | ฿6.70b |
Total liabilities | ฿16.03b |
Total assets | ฿22.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAFS's short term assets (THB2.0B) do not cover its short term liabilities (THB2.4B).
Long Term Liabilities: BAFS's short term assets (THB2.0B) do not cover its long term liabilities (THB13.6B).
Debt to Equity History and Analysis
Debt Level: BAFS's net debt to equity ratio (164.1%) is considered high.
Reducing Debt: BAFS's debt to equity ratio has increased from 84.4% to 173.4% over the past 5 years.
Debt Coverage: BAFS's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: BAFS's interest payments on its debt are not well covered by EBIT (0.8x coverage).