Bio Green Energy Tech Public Company Limited

SET:BIOTEC Stock Report

Market Cap: ฿854.9m

Bio Green Energy Tech Balance Sheet Health

Financial Health criteria checks 4/6

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 91.7%. Its total assets and total liabilities are THB3.0B and THB1.8B respectively.

Key information

91.7%

Debt to equity ratio

฿1.09b

Debt

Interest coverage ration/a
Cash฿260.80m
Equity฿1.19b
Total liabilities฿1.80b
Total assets฿2.99b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BIOTEC's short term assets (THB833.6M) do not cover its short term liabilities (THB1.5B).

Long Term Liabilities: BIOTEC's short term assets (THB833.6M) exceed its long term liabilities (THB325.6M).


Debt to Equity History and Analysis

Debt Level: BIOTEC's net debt to equity ratio (69.8%) is considered high.

Reducing Debt: BIOTEC's debt to equity ratio has reduced from 412.2% to 91.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BIOTEC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BIOTEC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6% per year.


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