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 88.4%. Its total assets and total liabilities are THB3.0B and THB1.8B respectively.
Key information
88.4%
Debt to equity ratio
฿1.07b
Debt
Interest coverage ratio | n/a |
Cash | ฿254.73m |
Equity | ฿1.21b |
Total liabilities | ฿1.84b |
Total assets | ฿3.05b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIOTEC's short term assets (THB876.4M) do not cover its short term liabilities (THB1.2B).
Long Term Liabilities: BIOTEC's short term assets (THB876.4M) exceed its long term liabilities (THB671.6M).
Debt to Equity History and Analysis
Debt Level: BIOTEC's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: BIOTEC's debt to equity ratio has reduced from 349.6% to 88.4% 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, even with free cash flow being positive and shrinking by 2.2% per year.