Bio Green Energy Tech Balance Sheet Health
Financial Health criteria checks 4/6
Bio Green Energy Tech has a total shareholder equity of THB1.0B and total debt of THB859.3M, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are THB2.6B and THB1.6B respectively.
Key information
84.3%
Debt to equity ratio
฿859.31m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿265.71m |
| Equity | ฿1.02b |
| Total liabilities | ฿1.55b |
| Total assets | ฿2.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIOTEC's short term assets (THB586.5M) do not cover its short term liabilities (THB1.3B).
Long Term Liabilities: BIOTEC's short term assets (THB586.5M) exceed its long term liabilities (THB273.1M).
Debt to Equity History and Analysis
Debt Level: BIOTEC's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: BIOTEC's debt to equity ratio has reduced from 455.8% to 84.3% 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 10.6% per year.