Bio Green Energy Tech Balance Sheet Health
Financial Health criteria checks 2/6
Bio Green Energy Tech has a total shareholder equity of THB1.2B and total debt of THB1.1B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are THB2.8B and THB1.6B respectively. Bio Green Energy Tech's EBIT is THB94.6M making its interest coverage ratio 3.3. It has cash and short-term investments of THB142.0M.
Key information
88.0%
Debt to equity ratio
฿1.08b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ฿142.01m |
| Equity | ฿1.23b |
| Total liabilities | ฿1.60b |
| Total assets | ฿2.83b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIOTEC-W1-R's short term assets (THB489.1M) do not cover its short term liabilities (THB880.9M).
Long Term Liabilities: BIOTEC-W1-R's short term assets (THB489.1M) do not cover its long term liabilities (THB718.5M).
Debt to Equity History and Analysis
Debt Level: BIOTEC-W1-R's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: BIOTEC-W1-R's debt to equity ratio has reduced from 219.7% to 88% over the past 5 years.
Debt Coverage: BIOTEC-W1-R's debt is not well covered by operating cash flow (14%).
Interest Coverage: BIOTEC-W1-R's interest payments on its debt are well covered by EBIT (3.3x coverage).