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 ratio
n/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.