BTS Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
BTS Group Holdings has a total shareholder equity of THB65.1B and total debt of THB174.9B, which brings its debt-to-equity ratio to 268.8%. Its total assets and total liabilities are THB257.5B and THB192.4B respectively. BTS Group Holdings's EBIT is THB897.8M making its interest coverage ratio 1.9. It has cash and short-term investments of THB19.2B.
Key information
268.8%
Debt to equity ratio
฿174.95b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ฿19.25b |
| Equity | ฿65.08b |
| Total liabilities | ฿192.40b |
| Total assets | ฿257.48b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTS-W8-R's short term assets (THB42.8B) exceed its short term liabilities (THB38.8B).
Long Term Liabilities: BTS-W8-R's short term assets (THB42.8B) do not cover its long term liabilities (THB153.6B).
Debt to Equity History and Analysis
Debt Level: BTS-W8-R's net debt to equity ratio (239.3%) is considered high.
Reducing Debt: BTS-W8-R's debt to equity ratio has increased from 131.7% to 268.8% over the past 5 years.
Debt Coverage: BTS-W8-R's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: BTS-W8-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).